$6,000,000
6,000 SqFt
9 Beds
•6 Full Baths, 2 Partial
#RPLU-850723289897, Brian Lehner, Listing Office: Brown Harris Stevens Brooklyn LLC
Is 11201, 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, 11201 has remained a Buyer's Market.
Key Takeaway
11201 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11201, NY
How much do homes in 11201, NY cost?
Median Sold Price
$1,703,809
$1,458/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$155,892(+10.1%)
Key Takeaway
Homes in 11201 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 11201 was $1,703,809 in November 2024, up 10.1% from last year, and the median price per square foot was $1,458.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $829K | $875K | +5.5% |
| 2 Bedrooms | $1.5M | $1.5M | +1.7% |
| 3 Bedrooms | $2.8M | $2.5M | -9.6% |
| 4 Bedrooms | $5.1M | $4.5M | -12.6% |
| 5+ Bedrooms | $7.2M | $6.4M | -9.9% |
Summary: 11201 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 9.9%.
Housing Supply in 11201, NY
How many homes are available in 11201, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 296 | 243 | -17.9% |
Summary: The 11201 real estate market had 243 homes for sale in November 2024, a 17.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 89 | 74 | -16.9% |
| 2 Bedrooms | 101 | 84 | -16.8% |
| 3 Bedrooms | 54 | 41 | -24.1% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 32 | 26 | -18.8% |
Summary: The 11201 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.9%, 2 bedroom homes decreased by 16.8%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 21 | -47.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11201, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 21 homes were sold or pending in 11201 in November 2024, down by 47.5% month-over-month. Of the 21 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 11201, NY
We’re sorry, we don't have information for this market at the moment
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