$2,799,000
4,575 SqFt
7 Beds
•5 Full Baths
#RPLU-33423280170, Jeffrey Nolan, Listing Office: Corcoran Group
Is 11225, 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, 11225 was a Buyer's Market.
Key Takeaway
11225 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11225, NY
How much do homes in 11225, NY cost?
Median Sold Price
$1,150,000
$853/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$200,000(+21.1%)
Key Takeaway
Homes in 11225 have sold for 21.1% more than they did a year ago.
Summary: The median home sold price in 11225 was $1,150,000 in November 2024, up 21.1% from last year, and the median price per square foot was $853.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $565K | $590K | +4.4% |
| 2 Bedrooms | $1.0M | $1.0M | +1.7% |
| 3 Bedrooms | $1.1M | $1.3M | +21.4% |
| 4 Bedrooms | $2.1M | $1.8M | -14.2% |
| 5+ Bedrooms | $1.9M | $1.8M | -5.8% |
Summary: 11225 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Zip Codes
| 11225 | $950K | $1.1M | +21.1% |
| 11238 | $1.3M | $1.3M | -5.8% |
Housing Supply in 11225, NY
How many homes are available in 11225, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 70 | -9.1% |
Summary: The 11225 real estate market had 70 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 12 | -14.3% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The 11225 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11225, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in 11225 in November 2024, up by 140.0% month-over-month. Of the 12 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 11225, NY
We’re sorry, we don't have information for this market at the moment
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