Is 11755, 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, 11755 has remained a Seller's Market.
Housing Prices in 11755, NY
How much do homes in 11755, NY cost?
Median Sold Price
$624,500
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11755 was $624,500 in March 2024, up 5.4% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $337.5K | N/A |
2 Bedrooms | $428.7K | $500K | +16.6% |
3 Bedrooms | $525.5K | $565K | +7.5% |
4 Bedrooms | $620K | $673.7K | +8.7% |
5+ Bedrooms | $690K | $632.5K | -8.3% |
Summary: 11755 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 increased by 16.6%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 8.3%.
Housing Supply in 11755, NY
How many homes are available in 11755, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 43 | +7.5% |
Summary: The 11755 real estate market had 43 homes for sale in March 2024, a 7.5% 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 | 9 | 8 | -11.1% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 11755 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 decreased by 11.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 11755 in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 11755, NY
How long does it take to sell a home in 11755, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 62 Days | +6.1% |
Summary: Homes in 11755 had an average of 62 days on market in Mar 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 11755; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.