Is 11788, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 11788 was a Neutral Market.
Housing Prices in 11788, NY
How much do homes in 11788, NY cost?
Median Sold Price
$677,500
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11788 was $677,500 in April 2024, up 3.4% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $279.5K | $293K | +4.8% |
2 Bedrooms | $558K | $340K | -39.1% |
3 Bedrooms | $635K | $650K | +2.4% |
4 Bedrooms | $705K | $750K | +6.4% |
5+ Bedrooms | $805K | $760K | -5.6% |
Summary: 11788 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 39.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in 11788, NY
How many homes are available in 11788, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 42 | +7.7% |
Summary: The 11788 real estate market had 42 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 11788 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 11788 in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 11788, NY
How long does it take to sell a home in 11788, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 14 Days | -68.2% |
Summary: Homes in 11788 had an average of 14 days on market in Apr 2024, down by 68.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 11788; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.