Is 11230, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 11230 has remained a Buyer's Market.
Housing Prices in 11230, NY
How much do homes in 11230, NY cost?
Median Sold Price
$380,000
$428/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 11230 was $380,000 in March 2024, down 47.7% from last month, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $314.5K | -12.6% |
2 Bedrooms | $484.9K | $404.5K | -16.6% |
3 Bedrooms | - | $685K | N/A |
4 Bedrooms | $962.5K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 11230 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes decreased by 16.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 11230, NY
How many homes are available in 11230, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
120 | 120 | 0.0% |
Summary: The 11230 real estate market had 120 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 | 29 | 34 | +17.2% |
2 Bedrooms | 41 | 38 | -7.3% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 12 | 8 | -33.3% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The 11230 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.2%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 11230 in March 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for 11230, NY
How long does it take to sell a home in 11230, NY?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 87 Days | +69.3% |
Summary: Homes in 11230 had an average of 87 days on market in Mar 2024, up by 69.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 11230; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.