Is 10707, 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, 10707 was a Buyer's Market.
Housing Prices in 10707, NY
How much do homes in 10707, NY cost?
Median Sold Price
$726,250
$392/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 10707 was $726,250 in April 2024, up 1.9% from last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212K | $323K | +52.4% |
2 Bedrooms | $470K | $456.2K | -2.9% |
3 Bedrooms | $760K | $800K | +5.3% |
4 Bedrooms | $847.5K | $838.5K | -1.1% |
5+ Bedrooms | $875K | $999K | +14.2% |
Summary: 10707 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in 10707, NY
How many homes are available in 10707, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 37 | +8.8% |
Summary: The 10707 real estate market had 37 homes for sale in April 2024, a 8.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The 10707 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 10707 in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 0% were sold at asking, and 27% were sold over asking.
Days on Market for 10707, NY
How long does it take to sell a home in 10707, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 88 Days | +89.0% |
Summary: Homes in 10707 had an average of 88 days on market in Apr 2024, up by 89% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 10707; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.