Is 13088, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 13088 has remained a Seller's Market.
Housing Prices in 13088, NY
How much do homes in 13088, NY cost?
Median Sold Price
$217,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 13088 was $217,000 in February 2024, up 8.6% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $107.5K | $180K | +67.4% |
2 Bedrooms | $160K | $201.1K | +25.7% |
3 Bedrooms | $192K | $201.5K | +4.9% |
4 Bedrooms | $248.7K | $252.5K | +1.5% |
5+ Bedrooms | $307.5K | $278K | -9.6% |
Summary: 13088 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.4%, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 9.6%.
Housing Supply in 13088, NY
How many homes are available in 13088, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
33 | 20 | -39.4% |
Summary: The 13088 real estate market had 20 homes for sale in February 2024, a 39.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 19 | 12 | -36.8% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 13088 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 36.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
16 | 7 | -56.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 13088 in February 2024, down by 56.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for 13088, NY
How long does it take to sell a home in 13088, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
14 Days | 17 Days | +21.1% |
Summary: Homes in 13088 had an average of 17 days on market in Feb 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in 13088; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.