Is 11717, 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, 11717 was a Seller's Market.
Housing Prices in 11717, NY
How much do homes in 11717, NY cost?
Median Sold Price
$535,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11717 was $535,000 in April 2024, up 7% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | - | N/A |
2 Bedrooms | $471.5K | $385K | -18.3% |
3 Bedrooms | $471.5K | $512.5K | +8.7% |
4 Bedrooms | $510K | $540K | +5.9% |
5+ Bedrooms | $544.4K | $600K | +10.2% |
Summary: 11717 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 10.2%.
Housing Supply in 11717, NY
How many homes are available in 11717, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 120 | +12.1% |
Summary: The 11717 real estate market had 120 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 44 | 46 | +4.5% |
4 Bedrooms | 32 | 39 | +21.9% |
5+ Bedrooms | 29 | 33 | +13.8% |
Summary: The 11717 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 13 | +85.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 11717 in April 2024, up by 85.7% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for 11717, NY
How long does it take to sell a home in 11717, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 37 Days | -47.0% |
Summary: Homes in 11717 had an average of 37 days on market in Apr 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 11717; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.