Is Hollis, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hollis has remained a Buyer's Market.
Housing Prices in Hollis, NY
How much do homes in Hollis, NY cost?
Median Sold Price
$730,000
$433/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hollis was $730,000 in March 2024, up 2.8% from last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $182.5K | $162.5K | -11.0% |
2 Bedrooms | $235K | $250K | +6.4% |
3 Bedrooms | $647.5K | $660K | +1.9% |
4 Bedrooms | $745K | $785K | +5.4% |
5+ Bedrooms | $800K | $898K | +12.3% |
Summary: Hollis housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Neighborhoods
Hollis | $710K | $730K | +2.8% |
Saint Albans | $650K | $662.5K | +1.9% |
Queens Village | $732K | $665.1K | -9.1% |
Holliswood | $837.5K | $270K | -67.8% |
Housing Supply in Hollis, NY
How many homes are available in Hollis, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 94 | +6.8% |
Summary: The Hollis real estate market had 94 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 29 | 34 | +17.2% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The Hollis housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hollis in March 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Hollis, NY
How long does it take to sell a home in Hollis, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 102 Days | +35.4% |
Summary: Homes in Hollis had an average of 102 days on market in Mar 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Hollis; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.