Is 11768, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 11768 was a Neutral Market.
Housing Prices in 11768, NY
How much do homes in 11768, NY cost?
Median Sold Price
$903,000
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11768 was $903,000 in March 2024, up 6.6% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $515K | +37.3% |
2 Bedrooms | $715K | $575K | -19.6% |
3 Bedrooms | $767.5K | $745.5K | -2.9% |
4 Bedrooms | $900K | $999K | +11.0% |
5+ Bedrooms | $1.1M | $1.3M | +22.0% |
Summary: 11768 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.3%, 2 bedroom homes decreased by 19.6%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 22%.
Housing Supply in 11768, NY
How many homes are available in 11768, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
72 | 77 | +6.9% |
Summary: The 11768 real estate market had 77 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 31 | 33 | +6.5% |
5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The 11768 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 11768 in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for 11768, NY
How long does it take to sell a home in 11768, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 143 Days | +90.1% |
Summary: Homes in 11768 had an average of 143 days on market in Mar 2024, up by 90.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 11768; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.