Is 11530, 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, 11530 was a Seller's Market.
Housing Prices in 11530, NY
How much do homes in 11530, NY cost?
Median Sold Price
$1,061,345
$556/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11530 was $1,061,345 in March 2024, up 9.4% from last year, and the median price per square foot was $556.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344.3K | $400K | +16.2% |
2 Bedrooms | $625K | $799K | +27.8% |
3 Bedrooms | $917.5K | $1.0M | +12.3% |
4 Bedrooms | $1.2M | $1.3M | +7.4% |
5+ Bedrooms | $1.4M | $1.7M | +21.4% |
Summary: 11530 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 21.4%.
Housing Supply in 11530, NY
How many homes are available in 11530, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 97 | +14.1% |
Summary: The 11530 real estate market had 97 homes for sale in March 2024, a 14.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 16 | +14.3% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 28 | 31 | +10.7% |
4 Bedrooms | 21 | 25 | +19.0% |
5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The 11530 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 11530 in March 2024, up by 10.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 11530, NY
How long does it take to sell a home in 11530, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
65 Days | 23 Days | -63.7% |
Summary: Homes in 11530 had an average of 23 days on market in Mar 2024, down by 63.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 11530; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.