Is 10583, 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, 10583 was a Neutral Market.
Housing Prices in 10583, NY
How much do homes in 10583, NY cost?
Median Sold Price
$1,270,000
$482/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10583 was $1,270,000 in March 2024, up 12.1% from last year, and the median price per square foot was $482.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $194.5K | $200K | +2.8% |
2 Bedrooms | $348.1K | $397K | +14.0% |
3 Bedrooms | $866.5K | $999K | +15.3% |
4 Bedrooms | $1.3M | $1.3M | +0.7% |
5+ Bedrooms | $2.3M | $2.3M | -2.1% |
Summary: 10583 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in 10583, NY
How many homes are available in 10583, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
163 | 215 | +31.9% |
Summary: The 10583 real estate market had 215 homes for sale in March 2024, a 31.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 24 | +4.3% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 21 | 30 | +42.9% |
4 Bedrooms | 29 | 46 | +58.6% |
5+ Bedrooms | 74 | 97 | +31.1% |
Summary: The 10583 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 58.6%, and 5+ bedroom homes increased by 31.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 22 | +37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 10583 in March 2024, up by 37.5% month-over-month. Of the 22 sold homes, 27% were sold under asking, 14% were sold at asking, and 59% were sold over asking.
Days on Market for 10583, NY
How long does it take to sell a home in 10583, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
114 Days | 43 Days | -61.8% |
Summary: Homes in 10583 had an average of 43 days on market in Mar 2024, down by 61.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 10583; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.