Is 11949, 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, 11949 was a Buyer's Market.
Housing Prices in 11949, NY
How much do homes in 11949, NY cost?
Median Sold Price
$498,750
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 11949 was $498,750 in March 2024, down 0.3% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $164.9K | +50.0% |
2 Bedrooms | $214K | $226K | +5.6% |
3 Bedrooms | $500K | $547.5K | +9.5% |
4 Bedrooms | $695.5K | $725K | +4.2% |
5+ Bedrooms | $780K | $756.2K | -3.0% |
Summary: 11949 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 3%.
Housing Supply in 11949, NY
How many homes are available in 11949, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 80 | 0.0% |
Summary: The 11949 real estate market had 80 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 26 | 31 | +19.2% |
3 Bedrooms | 20 | 11 | -45.0% |
4 Bedrooms | 25 | 29 | +16.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 11949 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 19.2%, 3 bedroom homes decreased by 45%, 4 bedroom homes increased by 16%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 11949 in March 2024, the same as the previous month. Of the 17 sold homes, 53% were sold under asking, 12% were sold at asking, and 35% were sold over asking.
Days on Market for 11949, NY
How long does it take to sell a home in 11949, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 68 Days | +50.3% |
Summary: Homes in 11949 had an average of 68 days on market in Mar 2024, up by 50.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 11949; 29% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.