Is 10507, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 10507 has remained a Seller's Market.
Housing Prices in 10507, NY
How much do homes in 10507, NY cost?
Median Sold Price
$662,500
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10507 was $662,500 in March 2024, up 6% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $297.5K | -0.8% |
2 Bedrooms | $562.5K | $522.5K | -7.1% |
3 Bedrooms | $567K | $593K | +4.6% |
4 Bedrooms | $850K | $1.6M | +88.2% |
5+ Bedrooms | $2.1M | $3.7M | +78.6% |
Summary: 10507 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 88.2%, and 5+ bedroom homes increased by 78.6%.
Housing Supply in 10507, NY
How many homes are available in 10507, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Summary: The 10507 real estate market had 12 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 10507 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 10507 in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 10507, NY
How long does it take to sell a home in 10507, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 92 Days | +683.0% |
Summary: Homes in 10507 had an average of 92 days on market in Mar 2024, up by 683% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 10507; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.