Is 11415, 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, 11415 has remained a Buyer's Market.
Housing Prices in 11415, NY
How much do homes in 11415, NY cost?
Median Sold Price
$312,000
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 11415 was $312,000 in May 2024, down 4.4% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239K | $237K | -0.8% |
2 Bedrooms | $370K | $361K | -2.4% |
3 Bedrooms | $690K | $810K | +17.4% |
4 Bedrooms | $1.1M | $1.3M | +16.7% |
5+ Bedrooms | $1.5M | $1.4M | -3.2% |
Summary: 11415 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 11415, NY
How many homes are available in 11415, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
105 | 121 | +15.2% |
Summary: The 11415 real estate market had 121 homes for sale in May 2024, a 15.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 51 | 59 | +15.7% |
2 Bedrooms | 37 | 41 | +10.8% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 11415 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 11415 in May 2024, down by 10.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for 11415, NY
How long does it take to sell a home in 11415, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
140 Days | 196 Days | +40.2% |
Summary: Homes in 11415 had an average of 196 days on market in May 2024, up by 40.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in 11415; 33% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.