Is 11355, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 11355 has remained a Buyer's Market.
Housing Prices in 11355, NY
How much do homes in 11355, NY cost?
Median Sold Price
$612,750
$677/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11355 was $612,750 in March 2024, up 2.6% from last year, and the median price per square foot was $677.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $388.5K | +7.9% |
2 Bedrooms | $590K | $600K | +1.7% |
3 Bedrooms | $952.5K | $988K | +3.7% |
4 Bedrooms | $1.1M | $1.0M | -12.3% |
5+ Bedrooms | $1.4M | $1.4M | -6.6% |
Summary: 11355 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 1.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 6.6%.
Housing Supply in 11355, NY
How many homes are available in 11355, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
259 | 286 | +10.4% |
Summary: The 11355 real estate market had 286 homes for sale in March 2024, a 10.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 87 | 95 | +9.2% |
2 Bedrooms | 106 | 121 | +14.2% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 37 | 38 | +2.7% |
Summary: The 11355 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 2.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 11355 in March 2024, down by 4.8% month-over-month. Of the 20 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 11355, NY
How long does it take to sell a home in 11355, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
100 Days | 158 Days | +57.7% |
Summary: Homes in 11355 had an average of 158 days on market in Mar 2024, up by 57.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 11355; 20% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.