Is 10703, 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, 10703 was a Seller's Market.
Housing Prices in 10703, NY
How much do homes in 10703, NY cost?
Median Sold Price
$505,000
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10703 was $505,000 in March 2024, down 2.9% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152.5K | $167K | +9.5% |
2 Bedrooms | $251.5K | $228K | -9.3% |
3 Bedrooms | $505K | $520K | +3.0% |
4 Bedrooms | $610K | $635K | +4.1% |
5+ Bedrooms | $830K | $810K | -2.4% |
Summary: 10703 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in 10703, NY
How many homes are available in 10703, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 55 | -11.3% |
Summary: The 10703 real estate market had 55 homes for sale in March 2024, a 11.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 10 | -16.7% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 21 | 18 | -14.3% |
Summary: The 10703 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 8 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 10703 in March 2024, down by 42.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 10703, NY
How long does it take to sell a home in 10703, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
96 Days | 72 Days | -24.9% |
Summary: Homes in 10703 had an average of 72 days on market in Mar 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 10703; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.