Is 11946, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 11946 has remained a Buyer's Market.
Housing Prices in 11946, NY
How much do homes in 11946, NY cost?
Median Sold Price
$810,000
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11946 was $810,000 in March 2024, up 3.8% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $503K | $292.2K | -41.9% |
2 Bedrooms | $628K | $650K | +3.5% |
3 Bedrooms | $768K | $810K | +5.5% |
4 Bedrooms | $975K | $990K | +1.5% |
5+ Bedrooms | $900K | $999K | +11.0% |
Summary: 11946 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 11%.
Housing Supply in 11946, NY
How many homes are available in 11946, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
89 | 101 | +13.5% |
Summary: The 11946 real estate market had 101 homes for sale in March 2024, a 13.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 14 | 17 | +21.4% |
3 Bedrooms | 36 | 40 | +11.1% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 11946 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 11946 in March 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for 11946, NY
How long does it take to sell a home in 11946, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
114 Days | 81 Days | -28.5% |
Summary: Homes in 11946 had an average of 81 days on market in Mar 2024, down by 28.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 11946; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.