Is 11977, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 11977 was a Neutral Market.
Housing Prices in 11977, NY
How much do homes in 11977, NY cost?
Median Sold Price
$1,645,000
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 11977 was $1,645,000 in April 2024, up 31.6% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367.5K | - | N/A |
2 Bedrooms | $1.0M | $1.2M | +15.3% |
3 Bedrooms | $1.1M | $1.3M | +13.0% |
4 Bedrooms | $1.5M | $1.7M | +16.6% |
5+ Bedrooms | $1.5M | $1.8M | +20.0% |
Summary: 11977 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 increased by 15.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 20%.
Housing Supply in 11977, NY
How many homes are available in 11977, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 48 | +17.1% |
Summary: The 11977 real estate market had 48 homes for sale in April 2024, a 17.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 11977 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 11977 in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 11977, NY
How long does it take to sell a home in 11977, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
122 Days | 128 Days | +4.6% |
Summary: Homes in 11977 had an average of 128 days on market in Apr 2024, up by 4.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 11977; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.