$10,000 Closing Credit*
$2,350,000
3 Beds
•2 Full Baths
#RPLU-5123272046, Aran Scott, Listing Office: Douglas Elliman Real Estate
Is 11215, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 11215 was a Buyer's Market.
Key Takeaway
11215 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 11215, NY
How much do homes in 11215, NY cost?
Median Sold Price
$1,549,250
$1,202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$74,890(-4.6%)
Key Takeaway
Homes in 11215 have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in 11215 was $1,549,250 in November 2024, down 4.6% from last year, and the median price per square foot was $1,202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $745K | $750K | +0.7% |
| 2 Bedrooms | $1.3M | $1.2M | -3.8% |
| 3 Bedrooms | $1.9M | $1.8M | -7.3% |
| 4 Bedrooms | $3.0M | $2.7M | -10.6% |
| 5+ Bedrooms | $3.5M | $3.3M | -5.2% |
Summary: 11215 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 5.2%.
Housing Supply in 11215, NY
How many homes are available in 11215, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 216 | 170 | -21.3% |
Summary: The 11215 real estate market had 170 homes for sale in November 2024, a 21.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 38 | 32 | -15.8% |
| 2 Bedrooms | 69 | 50 | -27.5% |
| 3 Bedrooms | 45 | 35 | -22.2% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 40 | 35 | -12.5% |
Summary: The 11215 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.8%, 2 bedroom homes decreased by 27.5%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 27 | +42.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11215, expect to pay close to the asking price. 85.2% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in 11215 in November 2024, up by 42.1% month-over-month. Of the 27 sold homes, 11% were sold under asking, 85% were sold at asking, and 4% were sold over asking.
Days on Market for 11215, NY
How long does it take to sell a home in 11215, NY?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11215 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in 11215; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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