Is 11950, 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, 11950 has remained a Neutral Market.
Housing Prices in 11950, NY
How much do homes in 11950, NY cost?
Median Sold Price
$449,000
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11950 was $449,000 in April 2024, up 10.9% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $271K | +15.3% |
2 Bedrooms | $290K | $355.2K | +22.5% |
3 Bedrooms | $395K | $437.2K | +10.7% |
4 Bedrooms | $455K | $487.5K | +7.1% |
5+ Bedrooms | $449K | $532.5K | +18.6% |
Summary: 11950 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 18.6%.
Housing Supply in 11950, NY
How many homes are available in 11950, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 75 | +15.4% |
Summary: The 11950 real estate market had 75 homes for sale in April 2024, a 15.4% 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 | 3 | -40.0% |
3 Bedrooms | 38 | 42 | +10.5% |
4 Bedrooms | 18 | 24 | +33.3% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 11950 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 decreased by 40%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 11950 in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for 11950, NY
How long does it take to sell a home in 11950, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
93 Days | 83 Days | -9.9% |
Summary: Homes in 11950 had an average of 83 days on market in Apr 2024, down by 9.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 11950; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.