Is 10607, 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, 10607 was a Seller's Market.
Housing Prices in 10607, NY
How much do homes in 10607, NY cost?
Median Sold Price
$705,000
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 10607 was $705,000 in April 2024, up 5.2% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308.5K | $312K | +1.1% |
2 Bedrooms | $605K | $561K | -7.3% |
3 Bedrooms | $660K | $699.5K | +6.0% |
4 Bedrooms | $789K | $780K | -1.1% |
5+ Bedrooms | $803K | $757.5K | -5.7% |
Summary: 10607 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in 10607, NY
How many homes are available in 10607, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 28 | +33.3% |
Summary: The 10607 real estate market had 28 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 11 | 17 | +54.5% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 10607 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 54.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 10607 in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 10607, NY
How long does it take to sell a home in 10607, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 47 Days | +7.1% |
Summary: Homes in 10607 had an average of 47 days on market in Apr 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 10607; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.