Is Whitestone, 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, Whitestone was a Neutral Market.
Key Takeaway
Whitestone is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Whitestone, NY
How much do homes in Whitestone, NY cost?
Median Sold Price
$900,000
$497/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Whitestone have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in Whitestone was $900,000 in March 2024, down 5.3% from last year, and the median price per square foot was $497.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $230K | +8.2% |
| 2 Bedrooms | $350K | $337.5K | -3.6% |
| 3 Bedrooms | $980K | $940K | -4.1% |
| 4 Bedrooms | $1.0M | $999K | -7.1% |
| 5+ Bedrooms | $1.5M | $1.4M | -1.6% |
Summary: Whitestone housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Auburndale | $910K | $898K | -1.3% |
| Northeastern Queens | $733.8K | $717.8K | -2.2% |
| Bay Terrace | $589K | $562.5K | -4.5% |
| Whitestone | $950K | $900K | -5.3% |
| Beechhurst | $732.5K | $500K | -31.7% |
Housing Supply in Whitestone, NY
How many homes are available in Whitestone, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 118 | 127 | +7.6% |
Summary: The Whitestone real estate market had 127 homes for sale in March 2024, a 7.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 22 | 21 | -4.5% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 24 | 29 | +20.8% |
| 4 Bedrooms | 26 | 24 | -7.7% |
| 5+ Bedrooms | 27 | 32 | +18.5% |
Summary: The Whitestone housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whitestone, you may be able to get a good deal. 92.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Whitestone in March 2024, up by 55.6% month-over-month. Of the 14 sold homes, 93% were sold under asking, 7% were sold at asking, and 0% were sold over asking.
Days on Market for Whitestone, NY
How long does it take to sell a home in Whitestone, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 115 Days | 61 Days | -47.0% |
Summary: Homes in Whitestone had an average of 61 days on market in Mar 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Whitestone has remained consistent over time.
Summary: During March 2024, 14 homes were sold in Whitestone; 29% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.