Is Holliswood, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holliswood is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Holliswood has remained a Buyer's Market.

Key Takeaway

Holliswood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Holliswood, NY

How much do homes in Holliswood, NY cost?

Median Sold Price

$270,000

$478/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$653,000(-70.7%)

Key Takeaway

Homes in Holliswood have sold for 70.7% less than they did a year ago.

Summary: The median home sold price in Holliswood was $270,000 in February 2024, down 70.7% from last year, and the median price per square foot was $478.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $187.5K$190K
+1.3%
2 $233.5K$225K
-3.6%
3 $1.0M$915K
-13.7%
4 $1.2M$1.2M
-0.8%
5+ $1.1M$1.5M
+38.4%

Summary: Holliswood housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 38.4%.

Median Sold Price Compared To Nearby Neighborhoods

Jamaica Estates
+10.5%
Hollis
+2.8%
Fresh Meadows
0.0%
Holliswood
-70.7%

Housing Supply in Holliswood, NY

How many homes are available in Holliswood, NY?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2024+20.0%

Summary: The Holliswood real estate market had 24 homes for sale in February 2024, a 20.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 47
+75.0%
2 34
+33.3%
3 44
0.0%
4 46
+50.0%
5+ 53
-40.0%

Summary: The Holliswood housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holliswood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Holliswood in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Holliswood, NY

How long does it take to sell a home in Holliswood, NY?

Average Sale Time

Feb 2023Feb 2024CHANGE
45 Days125 Days+177.8%

Summary: Homes in Holliswood had an average of 125 days on market in Feb 2024, up by 177.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Holliswood are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 1 homes were sold in Holliswood; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Holliswood, NY

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