Is 11106, 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, 11106 was a Neutral Market.
Housing Prices in 11106, NY
How much do homes in 11106, NY cost?
Median Sold Price
$636,000
$583/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11106 was $636,000 in March 2024, up 4.3% from last year, and the median price per square foot was $583.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440K | $385K | -12.5% |
2 Bedrooms | $489K | $487.5K | -0.3% |
3 Bedrooms | $651.5K | $1.0M | +65.8% |
4 Bedrooms | $1.2M | $1.2M | -2.9% |
5+ Bedrooms | $1.4M | $1.5M | +2.4% |
Summary: 11106 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 65.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Zip Codes
11106 | $610K | $636K | +4.3% |
11101 | $1.1M | $1.1M | 0.0% |
Housing Supply in 11106, NY
How many homes are available in 11106, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
105 | 118 | +12.4% |
Summary: The 11106 real estate market had 118 homes for sale in March 2024, a 12.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 35 | 44 | +25.7% |
2 Bedrooms | 29 | 33 | +13.8% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The 11106 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 11106 in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 11106, NY
How long does it take to sell a home in 11106, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
155 Days | 173 Days | +11.3% |
Summary: Homes in 11106 had an average of 173 days on market in Mar 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 11106; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.