Is 11727, 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, 11727 was a Seller's Market.
Housing Prices in 11727, NY
How much do homes in 11727, NY cost?
Median Sold Price
$430,462
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11727 was $430,462 in April 2024, up 6.3% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $176.5K | $195K | +10.5% |
2 Bedrooms | $342K | $362.5K | +6.0% |
3 Bedrooms | $442.5K | $473.7K | +7.1% |
4 Bedrooms | $520K | $550K | +5.8% |
5+ Bedrooms | $544.5K | $582.5K | +7.0% |
Summary: 11727 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 7%.
Housing Supply in 11727, NY
How many homes are available in 11727, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 156 | +16.4% |
Summary: The 11727 real estate market had 156 homes for sale in April 2024, a 16.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 16 | +23.1% |
2 Bedrooms | 37 | 40 | +8.1% |
3 Bedrooms | 41 | 51 | +24.4% |
4 Bedrooms | 29 | 34 | +17.2% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The 11727 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 11727 in April 2024, up by 42.9% month-over-month. Of the 20 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% were sold over asking.
Days on Market for 11727, NY
How long does it take to sell a home in 11727, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 39 Days | -33.3% |
Summary: Homes in 11727 had an average of 39 days on market in Apr 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
12 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, 20 homes were sold in 11727; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.