Is 11369, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 11369 has remained a Buyer's Market.
Housing Prices in 11369, NY
How much do homes in 11369, NY cost?
Median Sold Price
$834,000
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 11369 was $834,000 in May 2024, up 0.5% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $227.5K | $230K | +1.1% |
2 Bedrooms | $337K | $320K | -5.0% |
3 Bedrooms | $859K | $835K | -2.8% |
4 Bedrooms | $905K | $920K | +1.7% |
5+ Bedrooms | $1.2M | $1.1M | -5.2% |
Summary: 11369 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Zip Codes
11372 | $419.5K | $425K | +1.3% |
11369 | $830K | $834K | 0.5% |
Housing Supply in 11369, NY
How many homes are available in 11369, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
106 | 117 | +10.4% |
Summary: The 11369 real estate market had 117 homes for sale in May 2024, a 10.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 19 | +11.8% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 30 | 31 | +3.3% |
4 Bedrooms | 22 | 23 | +4.5% |
5+ Bedrooms | 27 | 34 | +25.9% |
Summary: The 11369 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 25.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 11369 in May 2024, up by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for 11369, NY
How long does it take to sell a home in 11369, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
123 Days | 84 Days | -31.3% |
Summary: Homes in 11369 had an average of 84 days on market in May 2024, down by 31.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in 11369; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.