Is 10520, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 10520 was a Buyer's Market.
Housing Prices in 10520, NY
How much do homes in 10520, NY cost?
Median Sold Price
$775,000
$388/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10520 was $775,000 in March 2024, up 9.9% from last year, and the median price per square foot was $388.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $366.5K | $364K | -0.7% |
2 Bedrooms | $413.3K | $661.7K | +60.1% |
3 Bedrooms | $699K | $703K | +0.6% |
4 Bedrooms | $981K | $999K | +1.8% |
5+ Bedrooms | $862K | $1.1M | +29.8% |
Summary: 10520 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 60.1%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 29.8%.
Housing Supply in 10520, NY
How many homes are available in 10520, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 32 | -5.9% |
Summary: The 10520 real estate market had 32 homes for sale in March 2024, a 5.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 10 | 6 | -40.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 10520 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 decreased by 25%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 10520 in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 10520, NY
How long does it take to sell a home in 10520, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 87 Days | +107.1% |
Summary: Homes in 10520 had an average of 87 days on market in Mar 2024, up by 107.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 10520; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.