Is 10701, 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, 10701 was a Seller's Market.
Housing Prices in 10701, NY
How much do homes in 10701, NY cost?
Median Sold Price
$494,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10701 was $494,000 in March 2024, up 28.3% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166.5K | $170K | +2.1% |
2 Bedrooms | $277K | $275K | -0.7% |
3 Bedrooms | $575K | $563K | -2.1% |
4 Bedrooms | $599K | $636.2K | +6.2% |
5+ Bedrooms | $780K | $800K | +2.6% |
Summary: 10701 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in 10701, NY
How many homes are available in 10701, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
105 | 129 | +22.9% |
Summary: The 10701 real estate market had 129 homes for sale in March 2024, a 22.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 39 | 43 | +10.3% |
2 Bedrooms | 25 | 37 | +48.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 19 | 27 | +42.1% |
Summary: The 10701 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 48%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 42.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 10701 in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for 10701, NY
How long does it take to sell a home in 10701, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
101 Days | 126 Days | +24.5% |
Summary: Homes in 10701 had an average of 126 days on market in Mar 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 10701; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.