Is 11020, 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, 11020 was a Buyer's Market.
Housing Prices in 11020, NY
How much do homes in 11020, NY cost?
Median Sold Price
$1,355,000
$575/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11020 was $1,355,000 in April 2024, down 3.2% from last year, and the median price per square foot was $575.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $1.0M | $1.0M | -1.2% |
4 Bedrooms | $1.3M | $1.3M | +0.7% |
5+ Bedrooms | $1.7M | $1.8M | +5.6% |
Summary: 11020 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in 11020, NY
How many homes are available in 11020, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 29 | +7.4% |
Summary: The 11020 real estate market had 29 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 11020 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 11020 in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 11020, NY
How long does it take to sell a home in 11020, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
478 Days | 21 Days | -95.6% |
Summary: Homes in 11020 had an average of 21 days on market in Apr 2024, down by 95.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 11020; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.