Is 10973, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 10973 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 10973 has remained a Seller's Market.

Key Takeaway

10973 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 10973, NY

How much do homes in 10973, NY cost?

Median Sold Price

$421,500

$287/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$6,500(+1.6%)

Key Takeaway

Homes in 10973 have sold for 1.6% more than they did a month ago.

Summary: The median home sold price in 10973 was $421,500 in March 2024, up 1.6% from last month, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $415K$400K
-3.6%
4 -$443K
N/A
5+ --
N/A

Summary: 10973 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 10973, NY

How many homes are available in 10973, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
86-25.0%

Summary: The 10973 real estate market had 6 homes for sale in March 2024, a 25.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 44
0.0%
5+ 11
0.0%

Summary: The 10973 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 10973, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 10973 in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 10973, NY

How long does it take to sell a home in 10973, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
39 Days103 Days+162.0%

Summary: Homes in 10973 had an average of 103 days on market in Mar 2024, up by 162% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 10973 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 10973; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in 10973, NY

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