Is 10591, 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, 10591 was a Neutral Market.
Housing Prices in 10591, NY
How much do homes in 10591, NY cost?
Median Sold Price
$725,000
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10591 was $725,000 in March 2024, up 4.7% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $255K | $230K | -9.8% |
2 Bedrooms | $550K | $650K | +18.2% |
3 Bedrooms | $853.9K | $849.5K | -0.5% |
4 Bedrooms | $968K | $917.5K | -5.2% |
5+ Bedrooms | $955K | $1.1M | +18.2% |
Summary: 10591 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.8%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 18.2%.
Housing Supply in 10591, NY
How many homes are available in 10591, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
78 | 93 | +19.2% |
Summary: The 10591 real estate market had 93 homes for sale in March 2024, a 19.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 19 | +11.8% |
2 Bedrooms | 24 | 30 | +25.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 10591 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 10591 in March 2024, up by 57.1% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for 10591, NY
How long does it take to sell a home in 10591, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 35 Days | -34.8% |
Summary: Homes in 10591 had an average of 35 days on market in Mar 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 10591; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.