Is 10509, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 10509 has remained a Buyer's Market.
Housing Prices in 10509, NY
How much do homes in 10509, NY cost?
Median Sold Price
$525,000
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 10509 was $525,000 in April 2024, up 19.3% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | $330.1K | +13.8% |
2 Bedrooms | $350K | $355K | +1.4% |
3 Bedrooms | $475K | $527.5K | +11.1% |
4 Bedrooms | $650K | $644K | -0.9% |
5+ Bedrooms | $630K | $792.5K | +25.8% |
Summary: 10509 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 25.8%.
Housing Supply in 10509, NY
How many homes are available in 10509, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 76 | +18.8% |
Summary: The 10509 real estate market had 76 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 23 | 24 | +4.3% |
4 Bedrooms | 22 | 32 | +45.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 10509 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 10509 in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 27 Days | -63.4% |
Summary: Homes in 10509 had an average of 27 days on market in Apr 2024, down by 63.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 10509; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.