Is 11552, 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, 11552 was a Seller's Market.
Housing Prices in 11552, NY
How much do homes in 11552, NY cost?
Median Sold Price
$645,000
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11552 was $645,000 in March 2024, up 1.6% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $202.5K | -5.8% |
2 Bedrooms | $460K | $467.5K | +1.6% |
3 Bedrooms | $619K | $635K | +2.6% |
4 Bedrooms | $660K | $646.2K | -2.1% |
5+ Bedrooms | $715K | $737.5K | +3.1% |
Summary: 11552 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 11552, NY
How many homes are available in 11552, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 74 | +1.4% |
Summary: The 11552 real estate market had 74 homes for sale in March 2024, a 1.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The 11552 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 6 | -53.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 11552 in March 2024, down by 53.8% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for 11552, NY
How long does it take to sell a home in 11552, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 86 Days | +57.3% |
Summary: Homes in 11552 had an average of 86 days on market in Mar 2024, up by 57.3% compared to last year.
Breakdown of Home Sale Times
2 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, 6 homes were sold in 11552; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.