Is 11779, 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, 11779 has remained a Seller's Market.
Housing Prices in 11779, NY
How much do homes in 11779, NY cost?
Median Sold Price
$546,000
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11779 was $546,000 in March 2024, up 7.1% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $269K | $299.9K | +11.5% |
2 Bedrooms | $364K | $385.1K | +5.8% |
3 Bedrooms | $500K | $530K | +6.0% |
4 Bedrooms | $535K | $570K | +6.5% |
5+ Bedrooms | $604K | $630K | +4.3% |
Summary: 11779 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in 11779, NY
How many homes are available in 11779, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 88 | +1.1% |
Summary: The 11779 real estate market had 88 homes for sale in March 2024, a 1.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 19 | 15 | -21.1% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 24 | 28 | +16.7% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 11779 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 11779 in March 2024, down by 5.6% month-over-month. Of the 17 sold homes, 18% were sold under asking, 29% were sold at asking, and 53% were sold over asking.
Days on Market for 11779, NY
How long does it take to sell a home in 11779, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 41 Days | -30.6% |
Summary: Homes in 11779 had an average of 41 days on market in Mar 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 11779; 47% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.