$2,699,900
6 Beds
•3 Full Baths
Listing Office: RE/MAX City Square
Is 11217, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 11217 has remained a Seller's Market.
Key Takeaway
11217 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11217, NY
How much do homes in 11217, NY cost?
Median Sold Price
$1,762,500
$1,313/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$13,500(+0.8%)
Key Takeaway
Homes in 11217 have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in 11217 was $1,762,500 in December 2024, up 0.8% from last year, and the median price per square foot was $1,313.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $877K | $753.7K | -14.1% |
| 2 Bedrooms | $1.5M | $1.4M | -6.9% |
| 3 Bedrooms | $2.2M | $2.2M | 0.0% |
| 4 Bedrooms | $3.8M | $3.4M | -10.1% |
| 5+ Bedrooms | $3.9M | $4.1M | +6.4% |
Summary: 11217 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 6.4%.
Housing Supply in 11217, NY
How many homes are available in 11217, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 92 | 82 | -10.9% |
Summary: The 11217 real estate market had 82 homes for sale in December 2024, a 10.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 17 | +6.3% |
| 2 Bedrooms | 41 | 34 | -17.1% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 11217 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 20 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
19 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11217, expect to pay close to the asking price. 95% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in 11217 in December 2024, up by 300.0% month-over-month. Of the 20 sold homes, 5% were sold under asking, 95% were sold at asking, and 0% were sold over asking.
Days on Market for 11217, NY
We’re sorry, we don't have information for this market at the moment
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