Is 11572, 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, 11572 was a Buyer's Market.
Housing Prices in 11572, NY
How much do homes in 11572, NY cost?
Median Sold Price
$655,000
$385/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11572 was $655,000 in April 2024, up 2.2% from last year, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377K | $389K | +3.2% |
2 Bedrooms | $489K | $539K | +10.2% |
3 Bedrooms | $599.5K | $642.5K | +7.2% |
4 Bedrooms | $722.5K | $710K | -1.7% |
5+ Bedrooms | $797.5K | $732.5K | -8.2% |
Summary: 11572 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 8.2%.
Housing Supply in 11572, NY
How many homes are available in 11572, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 128 | +4.9% |
Summary: The 11572 real estate market had 128 homes for sale in April 2024, a 4.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 38 | 44 | +15.8% |
4 Bedrooms | 47 | 43 | -8.5% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 11572 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 20 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 11572 in April 2024, up by 33.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 15% were sold at asking, and 45% were sold over asking.
Days on Market for 11572, NY
How long does it take to sell a home in 11572, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 76 Days | -1.8% |
Summary: Homes in 11572 had an average of 76 days on market in Apr 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in 11572; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.