Is 11203, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 11203 has remained a Buyer's Market.
Housing Prices in 11203, NY
How much do homes in 11203, NY cost?
Median Sold Price
$700,000
$392/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11203 was $700,000 in April 2024, down 0.4% from last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $251.2K | $250K | -0.5% |
2 Bedrooms | $360K | $545K | +51.4% |
3 Bedrooms | $660K | $660K | 0.0% |
4 Bedrooms | $827K | $765K | -7.5% |
5+ Bedrooms | $940K | $980K | +4.3% |
Summary: 11203 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 51.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Zip Codes
11225 | $850K | $989K | +16.4% |
11203 | $702.5K | $700K | -0.4% |
Housing Supply in 11203, NY
How many homes are available in 11203, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 132 | +2.3% |
Summary: The 11203 real estate market had 132 homes for sale in April 2024, a 2.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 38 | 35 | -7.9% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 47 | 48 | +2.1% |
Summary: The 11203 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 decreased by 9.1%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 2.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 11203 in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for 11203, NY
How long does it take to sell a home in 11203, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
98 Days | 66 Days | -32.2% |
Summary: Homes in 11203 had an average of 66 days on market in Apr 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 11203; 29% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.