Is 11412, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 11412 has remained a Buyer's Market.
Housing Prices in 11412, NY
How much do homes in 11412, NY cost?
Median Sold Price
$671,500
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11412 was $671,500 in April 2024, up 3.3% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $500K | $515K | +3.0% |
3 Bedrooms | $620K | $625K | +0.8% |
4 Bedrooms | $670K | $735K | +9.7% |
5+ Bedrooms | $840K | $887.4K | +5.7% |
Summary: 11412 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 5.7%.
Housing Supply in 11412, NY
How many homes are available in 11412, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 133 | +9.0% |
Summary: The 11412 real estate market had 133 homes for sale in April 2024, a 9.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 57 | 64 | +12.3% |
4 Bedrooms | 31 | 34 | +9.7% |
5+ Bedrooms | 31 | 32 | +3.2% |
Summary: The 11412 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 3.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 9 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 11412 in April 2024, down by 40.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 11412, NY
How long does it take to sell a home in 11412, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
100 Days | 99 Days | -1.0% |
Summary: Homes in 11412 had an average of 99 days on market in Apr 2024, down by 1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 11412; 11% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.