Is 11789, 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, 11789 has remained a Seller's Market.
Housing Prices in 11789, NY
How much do homes in 11789, NY cost?
Median Sold Price
$450,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11789 was $450,000 in March 2024, up 11.1% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $263.5K | $235.5K | -10.6% |
2 Bedrooms | $370K | $369.7K | -0.1% |
3 Bedrooms | $418K | $462.5K | +10.6% |
4 Bedrooms | $505K | $480K | -5.0% |
5+ Bedrooms | $447.5K | $475K | +6.1% |
Summary: 11789 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.6%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 6.1%.
Housing Supply in 11789, NY
How many homes are available in 11789, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 46 | +9.5% |
Summary: The 11789 real estate market had 46 homes for sale in March 2024, a 9.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 25 | 26 | +4.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 11789 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 increased by 16.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 11789 in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 11789, NY
How long does it take to sell a home in 11789, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
86 Days | 80 Days | -6.2% |
Summary: Homes in 11789 had an average of 80 days on market in Mar 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 11789; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.