Is 11222, 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, 11222 was a Neutral Market.
Housing Prices in 11222, NY
How much do homes in 11222, NY cost?
Median Sold Price
$1,520,000
$1,275/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11222 was $1,520,000 in March 2024, up 8.8% from last year, and the median price per square foot was $1,275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $775K | $875K | +12.9% |
2 Bedrooms | $1.4M | $1.5M | +1.2% |
3 Bedrooms | $2.2M | $2.3M | +1.9% |
4 Bedrooms | $1.7M | $2.0M | +18.6% |
5+ Bedrooms | $2.7M | $2.3M | -15.6% |
Summary: 11222 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes decreased by 15.6%.
Housing Supply in 11222, NY
How many homes are available in 11222, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
100 | 100 | 0.0% |
Summary: The 11222 real estate market had 100 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 25 | +8.7% |
2 Bedrooms | 32 | 30 | -6.3% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The 11222 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 26 | +225.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
25 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 11222 in March 2024, up by 225.0% month-over-month. Of the 26 sold homes, 4% were sold under asking, 96% were sold at asking, and 0% were sold over asking.
Days on Market for 11222, NY
How long does it take to sell a home in 11222, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 214 Days | +463.2% |
Summary: Homes in 11222 had an average of 214 days on market in Mar 2024, up by 463.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 11222; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.