Is 11715, 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, 11715 has remained a Seller's Market.
Housing Prices in 11715, NY
How much do homes in 11715, NY cost?
Median Sold Price
$650,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11715 was $650,000 in March 2024, up 8.2% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $423K | $429K | +1.4% |
2 Bedrooms | $481.5K | $562.5K | +16.8% |
3 Bedrooms | $585K | $662.5K | +13.2% |
4 Bedrooms | $740K | $750K | +1.4% |
5+ Bedrooms | $672K | $1.0M | +51.8% |
Summary: 11715 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 51.8%.
Median Sold Price Compared To Nearby Zip Codes
11715 | $601K | $650K | +8.2% |
11772 | $470K | $507.2K | +7.9% |
11705 | $677.5K | $695K | +2.6% |
Housing Supply in 11715, NY
How many homes are available in 11715, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Summary: The 11715 real estate market had 19 homes for sale in March 2024, a 26.7% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 11715 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 increased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 11715 in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 11715, NY
How long does it take to sell a home in 11715, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
12 Days | 16 Days | +28.6% |
Summary: Homes in 11715 had an average of 16 days on market in Mar 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in 11715; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.