Is 11782, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 11782 was a Neutral Market.
Housing Prices in 11782, NY
How much do homes in 11782, NY cost?
Median Sold Price
$612,500
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 11782 was $612,500 in February 2024, up 6.2% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $270K | +42.1% |
2 Bedrooms | $447K | $450K | +0.7% |
3 Bedrooms | $569K | $615K | +8.1% |
4 Bedrooms | $700K | $725K | +3.6% |
5+ Bedrooms | $700K | $677.5K | -3.2% |
Summary: 11782 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.1%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 11782, NY
How many homes are available in 11782, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
34 | 46 | +35.3% |
Summary: The 11782 real estate market had 46 homes for sale in February 2024, a 35.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 15 | 21 | +40.0% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 11782 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 11782 in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 11782, NY
How long does it take to sell a home in 11782, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
153 Days | 67 Days | -55.8% |
Summary: Homes in 11782 had an average of 67 days on market in Feb 2024, down by 55.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 11782; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.