$5,094 Closing Credit*
$429,000
3 Beds
•1 Full Bath
Listing Office: Halvatzis Realty Inc
Is 11106, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 11106 was a Seller's Market.
Key Takeaway
11106 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11106, NY
How much do homes in 11106, NY cost?
Median Sold Price
$751,000
$621/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$187,750(+33.3%)
Key Takeaway
Homes in 11106 have sold for 33.3% more than they did a year ago.
Summary: The median home sold price in 11106 was $751,000 in October 2024, up 33.3% from last year, and the median price per square foot was $621.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $392.2K | $400K | +2.0% |
| 2 Bedrooms | $485K | $500K | +3.1% |
| 3 Bedrooms | $680K | $1.0M | +50.7% |
| 4 Bedrooms | $1.1M | $1.4M | +26.6% |
| 5+ Bedrooms | $1.5M | $1.4M | -4.1% |
Summary: 11106 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 50.7%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Zip Codes
| 11106 | $563.2K | $751K | +33.3% |
| 11101 | $1.1M | $1.1M | +5.2% |
Housing Supply in 11106, NY
How many homes are available in 11106, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 122 | 130 | +6.6% |
Summary: The 11106 real estate market had 130 homes for sale in October 2024, a 6.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 42 | 49 | +16.7% |
| 2 Bedrooms | 25 | 25 | 0.0% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 31 | 29 | -6.5% |
Summary: The 11106 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 6.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11106, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in 11106 in October 2024, down by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 11106, NY
How long does it take to sell a home in 11106, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 96 Days | 77 Days | -20.0% |
Summary: Homes in 11106 had an average of 77 days on market in Oct 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 11106 has remained consistent over time.
Summary: During October 2024, 12 homes were sold in 11106; 8% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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