Is 11729, 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, 11729 was a Seller's Market.
Housing Prices in 11729, NY
How much do homes in 11729, NY cost?
Median Sold Price
$570,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11729 was $570,000 in April 2024, up 5.8% 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 | - | $414.5K | N/A |
2 Bedrooms | $391.4K | $441K | +12.7% |
3 Bedrooms | $515.5K | $550K | +6.7% |
4 Bedrooms | $582.5K | $611K | +4.9% |
5+ Bedrooms | $605K | $650K | +7.4% |
Summary: 11729 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 increased by 12.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in 11729, NY
How many homes are available in 11729, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 102 | +14.6% |
Summary: The 11729 real estate market had 102 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 10 | 14 | +40.0% |
3 Bedrooms | 39 | 41 | +5.1% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The 11729 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 10 | -16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 11729 in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for 11729, NY
How long does it take to sell a home in 11729, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 62 Days | +41.4% |
Summary: Homes in 11729 had an average of 62 days on market in Apr 2024, up by 41.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 11729; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.