$9,800,000
7 Beds
•7 Full Baths, 2 Partial
Listing Office: S Sharf Realty Inc
Is 11023, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 11023 has remained a Neutral Market.
Key Takeaway
11023 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 11023, NY
How much do homes in 11023, NY cost?
Median Sold Price
$1,217,000
$608/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$443,300(-26.7%)
Key Takeaway
Homes in 11023 have sold for 26.7% less than they did a month ago.
Summary: The median home sold price in 11023 was $1,217,000 in October 2024, down 26.7% from last month, and the median price per square foot was $608.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $549K | N/A |
| 3 Bedrooms | - | $1.1M | N/A |
| 4 Bedrooms | $975K | $1.5M | +62.1% |
| 5+ Bedrooms | $2.1M | $1.5M | -29.0% |
Summary: 11023 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 62.1%, and 5+ bedroom homes decreased by 29%.
Housing Supply in 11023, NY
How many homes are available in 11023, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 43 | -10.4% |
Summary: The 11023 real estate market had 43 homes for sale in October 2024, a 10.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 17 | 13 | -23.5% |
Summary: The 11023 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 23.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11023, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 11023 in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 11023, NY
How long does it take to sell a home in 11023, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 47 Days | -31.0% |
Summary: Homes in 11023 had an average of 47 days on market in Oct 2024, down by 31% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 11023 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 11023; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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.