New Weakening in Home Prices for Mastic Real Estate Market

In this week's report, the number of homes sold in the Mastic market slid to 14 over the past 30 days. It marked a decrease of 12.5% from last week's report and a fall below the monthly average. On the other hand, close-by Shirley registered 29 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, trending downwards for four weeks to reach $164,500. Mastic is a definite buyer's market, with a big nine months of inventory to choose from coupled with falling prices.

If you want a low price tag for your next home, these listings are the most affordable Mastic has to offer:

$106K   $107K   $110K  

Get started right now by checking out Mastic homes for sale or reviewing Mastic real estate trends.

Demographic facts about Mastic:

  • The median value of all homes in the area is $160,600.
  • Average number of rainy days is 107 per year. (U.S. average: 100)
  • The unemployment rate is 7.0%.
  • The students per teacher ratio in this area is 12.5:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Pristine Prop Cole & Assoc
Snapped 1 home in this area
Douglas Elliman Real Estate
Snapped 1 home in this area
Executive Group Realty
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.