Is 10989, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 10989 has remained a Seller's Market.
Housing Prices in 10989, NY
How much do homes in 10989, NY cost?
Median Sold Price
$525,000
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 10989 was $525,000 in March 2024, up 14.1% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $300K | +9.1% |
2 Bedrooms | $327.5K | $375K | +14.5% |
3 Bedrooms | $510K | $600K | +17.6% |
4 Bedrooms | $635K | $685K | +7.9% |
5+ Bedrooms | $710K | $705.5K | -0.6% |
Summary: 10989 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Zip Codes
10989 | $460K | $525K | +14.1% |
10960 | $615K | $675K | +9.8% |
10994 | $661K | $652K | -1.4% |
10920 | $585K | $575K | -1.7% |
Housing Supply in 10989, NY
How many homes are available in 10989, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 45 | +21.6% |
Summary: The 10989 real estate market had 45 homes for sale in March 2024, a 21.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 10989 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 10989 in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for 10989, NY
How long does it take to sell a home in 10989, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 56 Days | +11.7% |
Summary: Homes in 10989 had an average of 56 days on market in Mar 2024, up by 11.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 10989; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.