Is 11763, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 11763 has remained a Seller's Market.
Housing Prices in 11763, NY
How much do homes in 11763, NY cost?
Median Sold Price
$500,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11763 was $500,000 in April 2024, up 7.3% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $300K | 0.0% |
2 Bedrooms | $354.9K | $372.4K | +4.9% |
3 Bedrooms | $450K | $489.9K | +8.9% |
4 Bedrooms | $520K | $555K | +6.7% |
5+ Bedrooms | $548.2K | $549.5K | 0.2% |
Summary: 11763 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 4.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in 11763, NY
How many homes are available in 11763, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
108 | 107 | -0.9% |
Summary: The 11763 real estate market had 107 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 45 | 44 | -2.2% |
4 Bedrooms | 33 | 35 | +6.1% |
5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The 11763 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 11763 in April 2024, up by 4.2% month-over-month. Of the 25 sold homes, 24% were sold under asking, 8% were sold at asking, and 68% were sold over asking.
Days on Market for 11763, NY
How long does it take to sell a home in 11763, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 36 Days | -25.2% |
Summary: Homes in 11763 had an average of 36 days on market in Apr 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 11763; 52% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.