Is 11795, 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, 11795 was a Seller's Market.
Housing Prices in 11795, NY
How much do homes in 11795, NY cost?
Median Sold Price
$650,000
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11795 was $650,000 in March 2024, up 4% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $385K | N/A |
2 Bedrooms | $469K | $445.5K | -5.0% |
3 Bedrooms | $565K | $589.9K | +4.4% |
4 Bedrooms | $635K | $675K | +6.3% |
5+ Bedrooms | $760K | $815K | +7.2% |
Summary: 11795 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in 11795, NY
How many homes are available in 11795, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 83 | +16.9% |
Summary: The 11795 real estate market had 83 homes for sale in March 2024, a 16.9% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 32 | 37 | +15.6% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The 11795 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 increased by 18.2%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 11795 in March 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 0% were sold at asking, and 64% were sold over asking.
Days on Market for 11795, NY
How long does it take to sell a home in 11795, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 30 Days | -29.5% |
Summary: Homes in 11795 had an average of 30 days on market in Mar 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 11795; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.