Is Fresh Meadows, 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, Fresh Meadows has remained a Seller's Market.
Housing Prices in Fresh Meadows, NY
How much do homes in Fresh Meadows, NY cost?
Median Sold Price
$999,000
$689/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fresh Meadows was $999,000 in April 2024, down 2.5% from last year, and the median price per square foot was $689.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $243.5K | $195K | -19.9% |
2 Bedrooms | $660K | $675K | +2.3% |
3 Bedrooms | $998K | $998K | 0.0% |
4 Bedrooms | $1.0M | $1.2M | +11.1% |
5+ Bedrooms | $1.6M | $1.2M | -26.0% |
Summary: Fresh Meadows housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.9%, 2 bedroom homes increased by 2.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 26%.
Median Sold Price Compared To Nearby Neighborhoods
Utopia | $995K | $985K | -1.0% |
Fresh Meadows | $1.0M | $999K | -2.5% |
Holliswood | $805K | $265K | -67.1% |
Housing Supply in Fresh Meadows, NY
How many homes are available in Fresh Meadows, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Fresh Meadows real estate market had 23 homes for sale in April 2024, a 4.5% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Fresh Meadows 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 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Fresh Meadows in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Fresh Meadows, NY
How long does it take to sell a home in Fresh Meadows, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 53 Days | -28.3% |
Summary: Homes in Fresh Meadows had an average of 53 days on market in Apr 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Fresh Meadows; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.