Is Woodside, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Woodside has remained a Buyer's Market.
Key Takeaway
Woodside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Woodside, NY
How much do homes in Woodside, NY cost?
Median Sold Price
$430,000
$570/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Woodside have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Woodside was $430,000 in November 2023, down 2.3% from last year, and the median price per square foot was $570.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $332.2K | $330K | -0.7% |
| 2 Bedrooms | $532.5K | $542.5K | +1.9% |
| 3 Bedrooms | $880K | $788K | -10.5% |
| 4 Bedrooms | $952K | $990K | +4.0% |
| 5+ Bedrooms | $1.3M | $1.3M | +3.5% |
Summary: Woodside housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Sunnyside | $667.5K | $670K | 0.4% |
| Woodside | $440K | $430K | -2.3% |
| Maspeth | $895K | $855K | -4.5% |
| Northwestern Queens | $750.5K | $701.1K | -6.6% |
| Jackson Heights | $470K | $434.2K | -7.6% |
Housing Supply in Woodside, NY
How many homes are available in Woodside, NY?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 131 | 121 | -7.6% |
Summary: The Woodside real estate market had 121 homes for sale in November 2023, a 7.6% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 71 | 65 | -8.5% |
| 2 Bedrooms | 26 | 25 | -3.8% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Woodside housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.5%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 19 | 8 | -57.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Woodside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Woodside in November 2023, down by 57.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Woodside, NY
How long does it take to sell a home in Woodside, NY?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 66 Days | 83 Days | +24.3% |
Summary: Homes in Woodside had an average of 83 days on market in Nov 2023, up by 24.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Woodside are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 8 homes were sold in Woodside; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% 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.