Is 11235, 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, 11235 was a Neutral Market.
Key Takeaway
11235 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11235, NY
How much do homes in 11235, NY cost?
Median Sold Price
$480,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 11235 have sold for 1% less than they did a year ago.
Summary: The median home sold price in 11235 was $480,000 in March 2024, down 1% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $307.5K | +7.9% |
| 2 Bedrooms | $400K | $405K | +1.3% |
| 3 Bedrooms | $815K | $855K | +4.9% |
| 4 Bedrooms | $805K | $995K | +23.6% |
| 5+ Bedrooms | $1.2M | $1.1M | -3.3% |
Summary: 11235 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 23.6%, and 5+ bedroom homes decreased by 3.3%.
Housing Supply in 11235, NY
How many homes are available in 11235, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 256 | 264 | +3.1% |
Summary: The 11235 real estate market had 264 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 56 | 56 | 0.0% |
| 2 Bedrooms | 94 | 94 | 0.0% |
| 3 Bedrooms | 46 | 52 | +13.0% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 39 | 41 | +5.1% |
Summary: The 11235 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 13 | -48.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11235, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 11235 in March 2024, down by 48.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for 11235, NY
How long does it take to sell a home in 11235, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 167 Days | 93 Days | -44.2% |
Summary: Homes in 11235 had an average of 93 days on market in Mar 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11235 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 13 homes were sold in 11235; 15% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.