Is 11379, 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, 11379 has remained a Neutral Market.
Housing Prices in 11379, NY
How much do homes in 11379, NY cost?
Median Sold Price
$875,000
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11379 was $875,000 in March 2024, down 2.8% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.5K | $460K | +21.9% |
2 Bedrooms | $705K | $727.5K | +3.2% |
3 Bedrooms | $860K | $860K | 0.0% |
4 Bedrooms | $975K | $1.0M | +9.0% |
5+ Bedrooms | $1.1M | $1.2M | +4.6% |
Summary: 11379 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.9%, 2 bedroom homes increased by 3.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 4.6%.
Housing Supply in 11379, NY
How many homes are available in 11379, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 96 | +4.3% |
Summary: The 11379 real estate market had 96 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 5 | -28.6% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 43 | 45 | +4.7% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 16 | 20 | +25.0% |
Summary: The 11379 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 11379 in March 2024, up by 27.3% month-over-month. Of the 14 sold homes, 93% were sold under asking, 0% were sold at asking, and 7% were sold over asking.
Days on Market for 11379, NY
How long does it take to sell a home in 11379, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
91 Days | 93 Days | +2.3% |
Summary: Homes in 11379 had an average of 93 days on market in Mar 2024, up by 2.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 11379; 21% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.