Is 11570, 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, 11570 has remained a Neutral Market.
Housing Prices in 11570, NY
How much do homes in 11570, NY cost?
Median Sold Price
$735,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11570 was $735,000 in March 2024, down 2.1% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $304.5K | +6.8% |
2 Bedrooms | $377.5K | $388.2K | +2.8% |
3 Bedrooms | $750K | $775K | +3.3% |
4 Bedrooms | $935K | $910K | -2.7% |
5+ Bedrooms | $1.0M | $1.0M | -1.6% |
Summary: 11570 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in 11570, NY
How many homes are available in 11570, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 96 | -3.0% |
Summary: The 11570 real estate market had 96 homes for sale in March 2024, a 3.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 14 | -6.7% |
2 Bedrooms | 21 | 16 | -23.8% |
3 Bedrooms | 31 | 26 | -16.1% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 11570 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 11570 in March 2024, down by 26.3% month-over-month. Of the 14 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.
Days on Market for 11570, NY
How long does it take to sell a home in 11570, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 48 Days | -16.2% |
Summary: Homes in 11570 had an average of 48 days on market in Mar 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 11570; 36% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.