Is 11215, 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, 11215 has remained a Buyer's Market.
Key Takeaway
11215 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11215, NY
How much do homes in 11215, NY cost?
Median Sold Price
$1,610,000
$1,197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 11215 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 11215 was $1,610,000 in April 2024, up 7.7% from last year, and the median price per square foot was $1,197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | $725K | -3.3% |
| 2 Bedrooms | $1.2M | $1.3M | 0.2% |
| 3 Bedrooms | $1.8M | $1.8M | -2.2% |
| 4 Bedrooms | $3.2M | $2.8M | -10.0% |
| 5+ Bedrooms | $3.8M | $3.1M | -18.3% |
Summary: 11215 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 18.3%.
Housing Supply in 11215, NY
How many homes are available in 11215, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 233 | 233 | 0.0% |
Summary: The 11215 real estate market had 233 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 34 | 29 | -14.7% |
| 2 Bedrooms | 68 | 77 | +13.2% |
| 3 Bedrooms | 51 | 48 | -5.9% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 54 | 53 | -1.9% |
Summary: The 11215 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.7%, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 1.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 27 | +107.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11215, expect to pay close to the asking price. 85.2% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in 11215 in April 2024, up by 107.7% month-over-month. Of the 27 sold homes, 11% were sold under asking, 85% were sold at asking, and 4% were sold over asking.
Days on Market for 11215, NY
How long does it take to sell a home in 11215, NY?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11215 has remained consistent over time.
Summary: During April 2024, 27 homes were sold in 11215; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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