Is 11545, 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, 11545 was a Neutral Market.
Housing Prices in 11545, NY
How much do homes in 11545, NY cost?
Median Sold Price
$1,575,000
$490/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11545 was $1,575,000 in March 2024, up 4% from last year, and the median price per square foot was $490.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.0M | - | N/A |
2 Bedrooms | $701K | $1.1M | +59.1% |
3 Bedrooms | $839K | $815K | -2.9% |
4 Bedrooms | $1.1M | $1.2M | +6.7% |
5+ Bedrooms | $2.2M | $2.6M | +16.3% |
Summary: 11545 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 11545, NY
How many homes are available in 11545, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 64 | +25.5% |
Summary: The 11545 real estate market had 64 homes for sale in March 2024, a 25.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 3 | 9 | +200.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 38 | 45 | +18.4% |
Summary: The 11545 housing inventory by bedroom type for March 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 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
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 11545 in March 2024, down by 20.0% 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 11545, NY
How long does it take to sell a home in 11545, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
101 Days | 100 Days | -0.6% |
Summary: Homes in 11545 had an average of 100 days on market in Mar 2024, down by 0.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in 11545; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.