Is 11370, 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, 11370 was a Seller's Market.
Housing Prices in 11370, NY
How much do homes in 11370, NY cost?
Median Sold Price
$925,000
$559/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11370 was $925,000 in March 2024, up 8.5% from last year, and the median price per square foot was $559.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $390K | $380K | -2.6% |
2 Bedrooms | $490K | $540K | +10.2% |
3 Bedrooms | $898K | $878K | -2.2% |
4 Bedrooms | $1.0M | $1.0M | -1.3% |
5+ Bedrooms | $1.2M | $1.2M | 0.0% |
Summary: 11370 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 10.2%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.
Housing Supply in 11370, NY
How many homes are available in 11370, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 54 | +14.9% |
Summary: The 11370 real estate market had 54 homes for sale in March 2024, a 14.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 11370 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 increased by 30%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 11370 in March 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 11370, NY
How long does it take to sell a home in 11370, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
104 Days | 103 Days | -0.8% |
Summary: Homes in 11370 had an average of 103 days on market in Mar 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 11370; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.