Is 11423, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 11423 was a Seller's Market.
Housing Prices in 11423, NY
How much do homes in 11423, NY cost?
Median Sold Price
$755,054
$457/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11423 was $755,054 in April 2024, up 4.5% from last year, and the median price per square foot was $457.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | $175K | -6.7% |
2 Bedrooms | $235K | $235K | 0.0% |
3 Bedrooms | $717.5K | $750K | +4.5% |
4 Bedrooms | $895K | $885K | -1.1% |
5+ Bedrooms | $875K | $1.0M | +21.1% |
Summary: 11423 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 21.1%.
Housing Supply in 11423, NY
How many homes are available in 11423, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 93 | +14.8% |
Summary: The 11423 real estate market had 93 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 12 | 0.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 11423 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 increased by 6.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 11423 in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 11423, NY
How long does it take to sell a home in 11423, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
114 Days | 103 Days | -9.1% |
Summary: Homes in 11423 had an average of 103 days on market in Apr 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 11423; 0% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.