Is 11363, 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, 11363 has remained a Seller's Market.
Housing Prices in 11363, NY
How much do homes in 11363, NY cost?
Median Sold Price
$1,097,500
$459/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11363 was $1,097,500 in March 2024, up 18.3% from last year, and the median price per square foot was $459.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $270K | +8.0% |
2 Bedrooms | $387.5K | $430K | +11.0% |
3 Bedrooms | $999.9K | $935K | -6.5% |
4 Bedrooms | $970K | $1.3M | +35.1% |
5+ Bedrooms | $2.0M | $1.8M | -8.5% |
Summary: 11363 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 11%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes decreased by 8.5%.
Housing Supply in 11363, NY
How many homes are available in 11363, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The 11363 real estate market had 26 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 11363 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 11363 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 11363, NY
How long does it take to sell a home in 11363, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
88 Days | 98 Days | +11.2% |
Summary: Homes in 11363 had an average of 98 days on market in Mar 2024, up by 11.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in 11363; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.