In the past 12 months, there have been 21 sales in the Galaxy, with an average selling price of $386,700 and a median price of $363,800.
For the previous 12 months, there were 32 sales, with an average selling price of $427,600 and a median price of $362,500.
So using the average, prices have dropped 10%, while using the median, prices are basically unchanged. So I'd go down the middle of the 2 indicators and say that prices are down around 5% over the past year.
However, keep in mind that this sample size is fairly small.
If you have any other Galaxy questions, contact me anytime!
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235