$10,000 Closing Credit*
$1,688,000
3,600 SqFt
4 Full Baths
#487495, Listing Office: RE/MAX Edge
Is 11204, 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, 11204 has remained a Buyer's Market.
Key Takeaway
11204 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11204, NY
How much do homes in 11204, NY cost?
Median Sold Price
$1,215,000
$700/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$35,000(+3.0%)
Key Takeaway
Homes in 11204 have sold for 3% more than they did a month ago.
Summary: The median home sold price in 11204 was $1,215,000 in October 2024, up 3% from last month, and the median price per square foot was $700.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $381.5K | - | N/A |
| 2 Bedrooms | - | $548.2K | N/A |
| 3 Bedrooms | $1.0M | $875K | -19.8% |
| 4 Bedrooms | $1.1M | - | N/A |
| 5+ Bedrooms | $1.3M | $1.4M | +8.4% |
Summary: 11204 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 decreased by 19.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 8.4%.
Housing Supply in 11204, NY
How many homes are available in 11204, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 74 | 66 | -10.8% |
Summary: The 11204 real estate market had 66 homes for sale in October 2024, a 10.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 30 | 28 | -6.7% |
Summary: The 11204 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11204, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 11204 in October 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 11204, NY
How long does it take to sell a home in 11204, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 112 Days | +262.5% |
Summary: Homes in 11204 had an average of 112 days on market in Oct 2024, up by 262.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11204 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in 11204; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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