Is 10509, 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, 10509 has remained a Neutral Market.
Housing Prices in 10509, NY
How much do homes in 10509, NY cost?
Median Sold Price
$531,250
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10509 was $531,250 in March 2024, up 19.8% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | $330.1K | +13.8% |
2 Bedrooms | $350K | $352.5K | +0.7% |
3 Bedrooms | $477.5K | $525K | +9.9% |
4 Bedrooms | $638.7K | $648K | +1.4% |
5+ Bedrooms | $630K | $830K | +31.7% |
Summary: 10509 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 31.7%.
Housing Supply in 10509, NY
How many homes are available in 10509, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 62 | +5.1% |
Summary: The 10509 real estate market had 62 homes for sale in March 2024, a 5.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 21 | 21 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 10509 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 10509 in March 2024, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.
Days on Market for 10509, NY
How long does it take to sell a home in 10509, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 52 Days | +5.1% |
Summary: Homes in 10509 had an average of 52 days on market in Mar 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in 10509; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.