Is 11706, 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, 11706 was a Neutral Market.
Housing Prices in 11706, NY
How much do homes in 11706, NY cost?
Median Sold Price
$547,833
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11706 was $547,833 in April 2024, up 5.4% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $242.5K | +15.5% |
2 Bedrooms | $440.5K | $489K | +11.0% |
3 Bedrooms | $500K | $527.5K | +5.5% |
4 Bedrooms | $530K | $562.5K | +6.1% |
5+ Bedrooms | $589K | $633.5K | +7.6% |
Summary: 11706 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 11706, NY
How many homes are available in 11706, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
156 | 167 | +7.1% |
Summary: The 11706 real estate market had 167 homes for sale in April 2024, a 7.1% 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 | 7 | 8 | +14.3% |
3 Bedrooms | 63 | 62 | -1.6% |
4 Bedrooms | 41 | 44 | +7.3% |
5+ Bedrooms | 40 | 47 | +17.5% |
Summary: The 11706 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 14.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 17.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 11706 in April 2024, down by 4.3% month-over-month. Of the 22 sold homes, 9% were sold under asking, 14% were sold at asking, and 77% were sold over asking.
Days on Market for 11706, NY
How long does it take to sell a home in 11706, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 34 Days | -46.1% |
Summary: Homes in 11706 had an average of 34 days on market in Apr 2024, down by 46.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 11706; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.