$2,650,000
1,344 SqFt
4 Beds
•5 Full Baths, 1 Partial
Listing Office: E Realty International Corp
Is 11355, 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, 11355 has remained a Buyer's Market.
Key Takeaway
11355 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11355, NY
How much do homes in 11355, NY cost?
Median Sold Price
$640,666
$722/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,666(+6.8%)
Key Takeaway
Homes in 11355 have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in 11355 was $640,666 in November 2024, up 6.8% from last year, and the median price per square foot was $722.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $409.5K | $352.5K | -13.9% |
| 2 Bedrooms | $593.5K | $639.9K | +7.8% |
| 3 Bedrooms | $990K | $974.5K | -1.6% |
| 4 Bedrooms | $1.0M | $1.1M | +8.8% |
| 5+ Bedrooms | $1.4M | $1.5M | +3.4% |
Summary: 11355 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in 11355, NY
How many homes are available in 11355, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 295 | 308 | +4.4% |
Summary: The 11355 real estate market had 308 homes for sale in November 2024, a 4.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 84 | 89 | +6.0% |
| 2 Bedrooms | 125 | 128 | +2.4% |
| 3 Bedrooms | 36 | 40 | +11.1% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 38 | 38 | 0.0% |
Summary: The 11355 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11355, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 11355 in November 2024, up by 5.9% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for 11355, NY
How long does it take to sell a home in 11355, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 111 Days | 86 Days | -22.1% |
Summary: Homes in 11355 had an average of 86 days on market in Nov 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 11355 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 18 homes were sold in 11355; 22% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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