Pound Ridge NY Real Estate sees inventory glut | Prices will drop 15% over the next few years

 

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Pound Ridge NY real estate has 100 homes for sale now.  Over the past six months 22 homes have sold in the Pound Ridge market.  At that rate, 3.6 per month, Pound Ridge NY real estate for sale has a 27 month inventory.

 

For these homes to sell prices need to come down 15%.  Otherwise we need a large pick up in buyers or a lot of sellers neeed to pull their homes off the market.

 

Over-priced listings are not selling.

 

Find a well priced Pound Ridge NY home

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