Is 10603, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 10603 was a Seller's Market.
Housing Prices in 10603, NY
How much do homes in 10603, NY cost?
Median Sold Price
$460,000
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 10603 was $460,000 in April 2024, up 7.6% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187K | $217.4K | +16.3% |
2 Bedrooms | $362.5K | $375K | +3.4% |
3 Bedrooms | $560K | $595K | +6.3% |
4 Bedrooms | $712.5K | $737.5K | +3.5% |
5+ Bedrooms | $825K | $1.2M | +51.5% |
Summary: 10603 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 51.5%.
Housing Supply in 10603, NY
How many homes are available in 10603, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 78 | +20.0% |
Summary: The 10603 real estate market had 78 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 19 | +26.7% |
2 Bedrooms | 21 | 22 | +4.8% |
3 Bedrooms | 14 | 20 | +42.9% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 10603 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 10603 in April 2024, up by 140.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for 10603, NY
How long does it take to sell a home in 10603, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 48 Days | -7.1% |
Summary: Homes in 10603 had an average of 48 days on market in Apr 2024, down by 7.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 10603; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.