Is Hollis, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hollis has remained a Buyer's Market.
Housing Prices in Hollis, NY
How much do homes in Hollis, NY cost?
Median Sold Price
$732,500
$433/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hollis was $732,500 in April 2024, up 3.2% from last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $182.5K | $160K | -12.3% |
2 Bedrooms | $235K | $250K | +6.4% |
3 Bedrooms | $647.5K | $650K | 0.4% |
4 Bedrooms | $752.5K | $770K | +2.3% |
5+ Bedrooms | $780K | $896K | +14.9% |
Summary: Hollis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Neighborhoods
Saint Albans | $649K | $674K | +3.9% |
Hollis | $710K | $732.5K | +3.2% |
Queens Village | $736K | $672.5K | -8.6% |
Holliswood | $805K | $265K | -67.1% |
Housing Supply in Hollis, NY
How many homes are available in Hollis, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
87 | 101 | +16.1% |
Summary: The Hollis real estate market had 101 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 31 | 37 | +19.4% |
4 Bedrooms | 25 | 26 | +4.0% |
5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The Hollis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hollis in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Hollis, NY
How long does it take to sell a home in Hollis, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
109 Days | 143 Days | +31.5% |
Summary: Homes in Hollis had an average of 143 days on market in Apr 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Hollis; 0% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 71% of homes were sold over 90 days.