Is 11733, 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, 11733 has remained a Buyer's Market.
Housing Prices in 11733, NY
How much do homes in 11733, NY cost?
Median Sold Price
$699,500
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11733 was $699,500 in March 2024, up 3% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $610K | $537.5K | -11.9% |
3 Bedrooms | $600K | $620K | +3.3% |
4 Bedrooms | $689K | $725K | +5.2% |
5+ Bedrooms | $992K | $960.5K | -3.2% |
Summary: 11733 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 11733, NY
How many homes are available in 11733, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 79 | +14.5% |
Summary: The 11733 real estate market had 79 homes for sale in March 2024, a 14.5% 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 | 5 | 7 | +40.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 33 | 38 | +15.2% |
5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The 11733 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 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 11733 in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 11733, NY
How long does it take to sell a home in 11733, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
93 Days | 52 Days | -44.6% |
Summary: Homes in 11733 had an average of 52 days on market in Mar 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 11733; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.