Is 11803, 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, 11803 has remained a Buyer's Market.
Housing Prices in 11803, NY
How much do homes in 11803, NY cost?
Median Sold Price
$826,500
$455/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11803 was $826,500 in April 2024, up 3.5% from last year, and the median price per square foot was $455.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $490K | N/A |
2 Bedrooms | $590K | $637K | +8.0% |
3 Bedrooms | $740K | $785K | +6.1% |
4 Bedrooms | $848.8K | $867K | +2.1% |
5+ Bedrooms | $1.2M | $1.2M | -0.3% |
Summary: 11803 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 increased by 8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 0.3%.
Housing Supply in 11803, NY
How many homes are available in 11803, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
105 | 126 | +20.0% |
Summary: The 11803 real estate market had 126 homes for sale in April 2024, a 20.0% 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 | 9 | 11 | +22.2% |
3 Bedrooms | 42 | 45 | +7.1% |
4 Bedrooms | 26 | 37 | +42.3% |
5+ Bedrooms | 28 | 33 | +17.9% |
Summary: The 11803 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 22.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 17.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 13 | -31.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 11803 in April 2024, down by 31.6% month-over-month. Of the 13 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.
Days on Market for 11803, NY
How long does it take to sell a home in 11803, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
105 Days | 73 Days | -30.6% |
Summary: Homes in 11803 had an average of 73 days on market in Apr 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 11803; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.