Is 10960, 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, 10960 was a Buyer's Market.
Housing Prices in 10960, NY
How much do homes in 10960, NY cost?
Median Sold Price
$675,000
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10960 was $675,000 in March 2024, up 9.8% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $265K | +20.5% |
2 Bedrooms | $449K | $460K | +2.4% |
3 Bedrooms | $650K | $680K | +4.6% |
4 Bedrooms | $725K | $865K | +19.3% |
5+ Bedrooms | $817.5K | $1.0M | +32.7% |
Summary: 10960 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.5%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 32.7%.
Housing Supply in 10960, NY
How many homes are available in 10960, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 64 | +20.8% |
Summary: The 10960 real estate market had 64 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 9 | +125.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 18 | 17 | -5.6% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 10960 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 125%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 10960 in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for 10960, NY
How long does it take to sell a home in 10960, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 31 Days | -27.5% |
Summary: Homes in 10960 had an average of 31 days on market in Mar 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 10960; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.