Is Sunnyside, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sunnyside was a Neutral Market.
Housing Prices in Sunnyside, NY
How much do homes in Sunnyside, NY cost?
Median Sold Price
$693,750
$776/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sunnyside was $693,750 in March 2024, up 14% from last year, and the median price per square foot was $776.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $372.5K | $405K | +8.7% |
2 Bedrooms | $624K | $870K | +39.4% |
3 Bedrooms | $1.0M | $1.0M | +1.7% |
4 Bedrooms | $1.0M | $1.2M | +14.3% |
5+ Bedrooms | $1.4M | $1.2M | -13.4% |
Summary: Sunnyside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 39.4%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Neighborhoods
Long Island City | $917.6K | $1.2M | +35.8% |
Sunnyside | $608.5K | $693.7K | +14.0% |
Woodside | $430.1K | $445K | +3.5% |
Northwestern Queens | $721.3K | $708.9K | -1.7% |
Maspeth | $900K | $852.5K | -5.3% |
Housing Supply in Sunnyside, NY
How many homes are available in Sunnyside, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 103 | +10.8% |
Summary: The Sunnyside real estate market had 103 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 50 | 51 | +2.0% |
2 Bedrooms | 17 | 23 | +35.3% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Sunnyside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 35.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Sunnyside in March 2024, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Sunnyside, NY
How long does it take to sell a home in Sunnyside, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 88 Days | +6.1% |
Summary: Homes in Sunnyside had an average of 88 days on market in Mar 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Sunnyside; 11% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.