$10,000 Closing Credit*
$2,200,000
8 Beds
•5 Full Baths
Listing Office: HomeSmart Premier Living Rlty
Is 11103, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 11103 has remained a Buyer's Market.
Key Takeaway
11103 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11103, NY
How much do homes in 11103, NY cost?
Median Sold Price
$1,100,000
$745/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-2.2%)
Key Takeaway
Homes in 11103 have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in 11103 was $1,100,000 in November 2024, down 2.2% from last year, and the median price per square foot was $745.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $599K | $495K | -17.4% |
| 2 Bedrooms | $598K | $845K | +41.3% |
| 3 Bedrooms | $1.1M | $1.1M | -1.1% |
| 4 Bedrooms | $1.4M | $1.7M | +23.9% |
| 5+ Bedrooms | $1.4M | $1.4M | +7.1% |
Summary: 11103 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.4%, 2 bedroom homes increased by 41.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 11103, NY
How many homes are available in 11103, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 68 | +7.9% |
Summary: The 11103 real estate market had 68 homes for sale in November 2024, a 7.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 12 | -7.7% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 23 | 28 | +21.7% |
Summary: The 11103 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 21.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11103, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 11103 in November 2024, up by 200.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for 11103, NY
How long does it take to sell a home in 11103, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 81 Days | 107 Days | +32.0% |
Summary: Homes in 11103 had an average of 107 days on market in Nov 2024, up by 32% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11103 has remained consistent over time.
Summary: During November 2024, 9 homes were sold in 11103; 0% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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