Is 11944, 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, 11944 was a Seller's Market.
Housing Prices in 11944, NY
How much do homes in 11944, NY cost?
Median Sold Price
$1,068,000
$570/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11944 was $1,068,000 in March 2024, up 17.8% from last year, and the median price per square foot was $570.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $337.5K | $280K | -17.0% |
2 Bedrooms | $645K | $850K | +31.8% |
3 Bedrooms | $886.2K | $870K | -1.8% |
4 Bedrooms | $1.4M | $1.2M | -16.6% |
5+ Bedrooms | $2.1M | $1.5M | -29.1% |
Summary: 11944 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes increased by 31.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes decreased by 29.1%.
Median Sold Price Compared To Nearby Zip Codes
11944 | $906.5K | $1.0M | +17.8% |
11939 | $964.5K | $1.1M | +15.5% |
11971 | $999.4K | $999.9K | 0.0% |
Housing Supply in 11944, NY
How many homes are available in 11944, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 39 | +8.3% |
Summary: The 11944 real estate market had 39 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 11944 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 11944 in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 11944, NY
How long does it take to sell a home in 11944, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
119 Days | 146 Days | +22.7% |
Summary: Homes in 11944 had an average of 146 days on market in Mar 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 11944; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.