Is 10708, 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, 10708 was a Buyer's Market.
Housing Prices in 10708, NY
How much do homes in 10708, NY cost?
Median Sold Price
$441,875
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10708 was $441,875 in March 2024, up 4.6% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $190K | -7.3% |
2 Bedrooms | $315K | $350K | +11.1% |
3 Bedrooms | $791.8K | $747.5K | -5.6% |
4 Bedrooms | $1.4M | $1.3M | -9.7% |
5+ Bedrooms | $2.5M | $2.5M | +1.4% |
Summary: 10708 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in 10708, NY
How many homes are available in 10708, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
171 | 173 | +1.2% |
Summary: The 10708 real estate market had 173 homes for sale in March 2024, a 1.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 38 | 37 | -2.6% |
2 Bedrooms | 50 | 48 | -4.0% |
3 Bedrooms | 26 | 28 | +7.7% |
4 Bedrooms | 25 | 26 | +4.0% |
5+ Bedrooms | 32 | 34 | +6.3% |
Summary: The 10708 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 25 | -24.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 10708 in March 2024, down by 24.2% month-over-month. Of the 25 sold homes, 52% were sold under asking, 16% were sold at asking, and 32% were sold over asking.
Days on Market for 10708, NY
How long does it take to sell a home in 10708, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 68 Days | -15.4% |
Summary: Homes in 10708 had an average of 68 days on market in Mar 2024, down by 15.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in 10708; 32% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.