Is 11942, 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, 11942 has remained a Buyer's Market.
Housing Prices in 11942, NY
How much do homes in 11942, NY cost?
Median Sold Price
$1,159,000
$560/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11942 was $1,159,000 in April 2024, up 0.8% from last year, and the median price per square foot was $560.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | - | N/A |
2 Bedrooms | $650K | $545K | -16.2% |
3 Bedrooms | $899K | $792K | -11.9% |
4 Bedrooms | $1.4M | $1.3M | -6.7% |
5+ Bedrooms | $1.9M | $2.6M | +34.6% |
Summary: 11942 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 16.2%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 34.6%.
Housing Supply in 11942, NY
How many homes are available in 11942, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 61 | +13.0% |
Summary: The 11942 real estate market had 61 homes for sale in April 2024, a 13.0% 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 | 10 | +11.1% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The 11942 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 11.1%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 11942 in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 11942, NY
How long does it take to sell a home in 11942, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
262 Days | 137 Days | -47.5% |
Summary: Homes in 11942 had an average of 137 days on market in Apr 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 11942; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.