Is 11746, 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, 11746 has remained a Neutral Market.
Housing Prices in 11746, NY
How much do homes in 11746, NY cost?
Median Sold Price
$698,055
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11746 was $698,055 in March 2024, up 5% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239.5K | $182.5K | -23.8% |
2 Bedrooms | $450K | $462.5K | +2.8% |
3 Bedrooms | $565K | $615K | +8.8% |
4 Bedrooms | $720K | $780K | +8.3% |
5+ Bedrooms | $1.1M | $1.1M | -6.4% |
Summary: 11746 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 6.4%.
Housing Supply in 11746, NY
How many homes are available in 11746, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
194 | 211 | +8.8% |
Summary: The 11746 real estate market had 211 homes for sale in March 2024, a 8.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 45 | 45 | 0.0% |
4 Bedrooms | 61 | 74 | +21.3% |
5+ Bedrooms | 62 | 66 | +6.5% |
Summary: The 11746 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 5.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes increased by 6.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 33 | -5.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 11746 in March 2024, down by 5.7% month-over-month. Of the 33 sold homes, 45% were sold under asking, 3% were sold at asking, and 52% were sold over asking.
Days on Market for 11746, NY
How long does it take to sell a home in 11746, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 47 Days | -44.9% |
Summary: Homes in 11746 had an average of 47 days on market in Mar 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 33 homes were sold in 11746; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.