$9,488 Closing Credit*
$799,000
1,397 SqFt
2 Beds
•2 Full Baths
Listing Office: Ragette Real Estate, Inc.
Is 10607, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 10607 was a Seller's Market.
Key Takeaway
10607 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10607, NY
How much do homes in 10607, NY cost?
Median Sold Price
$710,000
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$28,000(+4.1%)
Key Takeaway
Homes in 10607 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 10607 was $710,000 in November 2024, up 4.1% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312K | $358K | +14.7% |
| 2 Bedrooms | $558K | $568.5K | +1.9% |
| 3 Bedrooms | $677.5K | $715K | +5.5% |
| 4 Bedrooms | $775K | $755K | -2.6% |
| 5+ Bedrooms | $755K | $980K | +29.8% |
Summary: 10607 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 29.8%.
Housing Supply in 10607, NY
How many homes are available in 10607, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 15 | -40.0% |
Summary: The 10607 real estate market had 15 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 16 | 8 | -50.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 10607 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10607, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 10607 in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 10607, NY
How long does it take to sell a home in 10607, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 48 Days | +51.6% |
Summary: Homes in 10607 had an average of 48 days on market in Nov 2024, up by 51.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 10607 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 10607; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.