The Sound Beach market slowed with a 23.1% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 10.4 monthly average with 10 homes sold. Within the same time frame, Coram had 38 sales, the most of all cities in the area. The median sales price dropped to $252,500 over the latest reporting period for Sound Beach, down from $270,000. Along with the slip in sales, a relatively high eight months of inventory indicates that Sound Beach is a definite buyer's market.
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