Is 11726, 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, 11726 has remained a Seller's Market.
Housing Prices in 11726, NY
How much do homes in 11726, NY cost?
Median Sold Price
$520,000
$362/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11726 was $520,000 in March 2024, up 7.2% from last year, and the median price per square foot was $362.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $349.5K | $379.7K | +8.7% |
2 Bedrooms | $397K | $410K | +3.3% |
3 Bedrooms | $465K | $527.5K | +13.4% |
4 Bedrooms | $515K | $547.5K | +6.3% |
5+ Bedrooms | $567.4K | $630K | +11.0% |
Summary: 11726 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 11%.
Housing Supply in 11726, NY
How many homes are available in 11726, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 71 | +12.7% |
Summary: The 11726 real estate market had 71 homes for sale in March 2024, a 12.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 23 | 26 | +13.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 11726 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 14 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 11726 in March 2024, up by 133.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for 11726, NY
How long does it take to sell a home in 11726, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 44 Days | -45.7% |
Summary: Homes in 11726 had an average of 44 days on market in Mar 2024, down by 45.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 11726; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.