Is 11797, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 11797 has remained a Buyer's Market.
Housing Prices in 11797, NY
How much do homes in 11797, NY cost?
Median Sold Price
$1,138,000
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11797 was $1,138,000 in April 2024, up 8.1% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $760K | $699K | -8.0% |
3 Bedrooms | $757.5K | $790K | +4.3% |
4 Bedrooms | $1.1M | $1.2M | +12.8% |
5+ Bedrooms | $1.6M | $1.7M | +10.9% |
Summary: 11797 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 10.9%.
Housing Supply in 11797, NY
How many homes are available in 11797, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 33 | +10.0% |
Summary: The 11797 real estate market had 33 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The 11797 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 decreased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 11797 in April 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 11797, NY
How long does it take to sell a home in 11797, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
93 Days | 20 Days | -78.0% |
Summary: Homes in 11797 had an average of 20 days on market in Apr 2024, down by 78% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 11797; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.