$10,000 Closing Credit*
$1,350,000
2,200 SqFt
5 Beds
•3 Full Baths
#488168, Listing Office: RE/MAX Edge
Is 11209, 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, 11209 has remained a Buyer's Market.
Key Takeaway
11209 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11209, NY
How much do homes in 11209, NY cost?
Median Sold Price
$706,666
$534/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,666(+1.7%)
Key Takeaway
Homes in 11209 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 11209 was $706,666 in November 2024, up 1.7% from last year, and the median price per square foot was $534.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $332.2K | $335K | +0.8% |
| 2 Bedrooms | $555K | $520K | -6.3% |
| 3 Bedrooms | $1.2M | $1.1M | -2.1% |
| 4 Bedrooms | $1.4M | $1.3M | -11.0% |
| 5+ Bedrooms | $1.4M | $1.5M | +6.8% |
Summary: 11209 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Zip Codes
| 11209 | $695K | $706.6K | +1.7% |
| 11228 | $1.2M | $1.2M | 0.0% |
Housing Supply in 11209, NY
How many homes are available in 11209, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 202 | 183 | -9.4% |
Summary: The 11209 real estate market had 183 homes for sale in November 2024, a 9.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 65 | 60 | -7.7% |
| 2 Bedrooms | 40 | 36 | -10.0% |
| 3 Bedrooms | 31 | 25 | -19.4% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 46 | 44 | -4.3% |
Summary: The 11209 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 decreased by 10%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11209, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 11209 in November 2024, up by 27.8% month-over-month. Of the 23 sold homes, 70% were sold under asking, 26% were sold at asking, and 4% were sold over asking.
Days on Market for 11209, NY
How long does it take to sell a home in 11209, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 121 Days | 132 Days | +8.6% |
Summary: Homes in 11209 had an average of 132 days on market in Nov 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11209 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 23 homes were sold in 11209; 0% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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