Is 11417, 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, 11417 has remained a Buyer's Market.
Housing Prices in 11417, NY
How much do homes in 11417, NY cost?
Median Sold Price
$720,000
$488/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11417 was $720,000 in March 2024, down 3.6% from last year, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $310K | $325K | +4.8% |
2 Bedrooms | $540K | $560K | +3.7% |
3 Bedrooms | $702.5K | $682K | -2.9% |
4 Bedrooms | $840K | $770K | -8.3% |
5+ Bedrooms | $990K | $999K | +0.9% |
Summary: 11417 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 11417, NY
How many homes are available in 11417, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
102 | 104 | +2.0% |
Summary: The 11417 real estate market had 104 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 38 | 41 | +7.9% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 33 | 33 | 0.0% |
Summary: The 11417 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 11417 in March 2024, down by 55.6% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 11417, NY
How long does it take to sell a home in 11417, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 139 Days | +68.1% |
Summary: Homes in 11417 had an average of 139 days on market in Mar 2024, up by 68.1% 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, 4 homes were sold in 11417; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.