Is 10512, 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, 10512 has remained a Seller's Market.
Housing Prices in 10512, NY
How much do homes in 10512, NY cost?
Median Sold Price
$417,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10512 was $417,000 in March 2024, up 8.9% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235.7K | $271K | +15.0% |
2 Bedrooms | $338.1K | $365K | +8.0% |
3 Bedrooms | $416K | $470K | +13.0% |
4 Bedrooms | $635K | $602.5K | -5.1% |
5+ Bedrooms | $575K | $688.8K | +19.8% |
Summary: 10512 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 19.8%.
Housing Supply in 10512, NY
How many homes are available in 10512, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 91 | 0.0% |
Summary: The 10512 real estate market had 91 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 13 | 0.0% |
2 Bedrooms | 33 | 33 | 0.0% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The 10512 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 10512 in March 2024, down by 19.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 29% were sold at asking, and 47% were sold over asking.
Days on Market for 10512, NY
How long does it take to sell a home in 10512, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
86 Days | 49 Days | -43.1% |
Summary: Homes in 10512 had an average of 49 days on market in Mar 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 10512; 41% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.