Is 11360, 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, 11360 has remained a Neutral Market.
Housing Prices in 11360, NY
How much do homes in 11360, NY cost?
Median Sold Price
$560,000
$594/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11360 was $560,000 in March 2024, down 5.1% from last year, and the median price per square foot was $594.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $520K | $487.5K | -6.3% |
2 Bedrooms | $487.5K | $604.8K | +24.1% |
3 Bedrooms | $780K | $805K | +3.2% |
4 Bedrooms | $1.1M | $1.3M | +17.8% |
5+ Bedrooms | $1.5M | $1.5M | -2.7% |
Summary: 11360 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 2.7%.
Housing Supply in 11360, NY
How many homes are available in 11360, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 97 | +5.4% |
Summary: The 11360 real estate market had 97 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 17 | +13.3% |
2 Bedrooms | 46 | 46 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 11360 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 16 | +166.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 11360 in March 2024, up by 166.7% month-over-month. Of the 16 sold homes, 81% were sold under asking, 13% were sold at asking, and 6% were sold over asking.
Days on Market for 11360, NY
How long does it take to sell a home in 11360, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
104 Days | 99 Days | -5.2% |
Summary: Homes in 11360 had an average of 99 days on market in Mar 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 11360; 31% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.