$8,301 Closing Credit*
$699,000
1 Bed
•1 Full Bath
#RPLU-5123261941, Katherine Bender, Listing Office: Douglas Elliman Real Estate
Is 11201, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$1,688,500
$1,458/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$165,875(+10.9%)
Key Takeaway
Homes in 11201 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 11201 was $1,688,500 in October 2024, up 10.9% from last year, and the median price per square foot was $1,458.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $837.5K | $879K | +5.0% |
| 2 Bedrooms | $1.5M | $1.5M | -1.9% |
| 3 Bedrooms | $2.6M | $2.5M | -1.5% |
| 4 Bedrooms | $4.7M | $4.7M | -0.9% |
| 5+ Bedrooms | $7.1M | $6.6M | -6.6% |
Summary: 11201 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 6.6%.
Housing Supply in 11201, NY
How many homes are available in 11201, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 301 | 292 | -3.0% |
Summary: The 11201 real estate market had 292 homes for sale in October 2024, a 3.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 89 | 86 | -3.4% |
| 2 Bedrooms | 98 | 95 | -3.1% |
| 3 Bedrooms | 59 | 58 | -1.7% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 33 | 34 | +3.0% |
Summary: The 11201 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.4%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 39 | +39.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11201, expect to pay close to the asking price. 92.3% of homes here sold near the asking price last month.
Summary: A total of 39 homes were sold or pending in 11201 in October 2024, up by 39.3% month-over-month. Of the 39 sold homes, 5% were sold under asking, 92% were sold at asking, and 3% 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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