Is 11804, 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, 11804 was a Seller's Market.
Key Takeaway
11804 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11804, NY
How much do homes in 11804, NY cost?
Median Sold Price
$862,000
$457/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 11804 have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in 11804 was $862,000 in April 2024, up 1.9% from last year, and the median price per square foot was $457.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $801K | $898.5K | +12.2% |
| 3 Bedrooms | $810K | $717.5K | -11.4% |
| 4 Bedrooms | $875K | $927.5K | +6.0% |
| 5+ Bedrooms | $972K | $1.4M | +52.3% |
Summary: 11804 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 12.2%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 52.3%.
Housing Supply in 11804, NY
How many homes are available in 11804, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 34 | +36.0% |
Summary: The 11804 real estate market had 34 homes for sale in April 2024, a 36.0% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The 11804 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11804, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 11804 in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 11804, NY
How long does it take to sell a home in 11804, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 62 Days | +57.8% |
Summary: Homes in 11804 had an average of 62 days on market in Apr 2024, up by 57.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 11804 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in 11804; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.