$6,233 Closing Credit*
$524,900
1,423 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: Douglas Elliman Real Estate
Is 11572, 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, 11572 has remained a Seller's Market.
Key Takeaway
11572 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11572, NY
How much do homes in 11572, NY cost?
Median Sold Price
$693,333
$386/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$63,333(+10.1%)
Key Takeaway
Homes in 11572 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 11572 was $693,333 in November 2024, up 10.1% from last year, and the median price per square foot was $386.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $384K | $400K | +4.2% |
| 2 Bedrooms | $522.5K | $551K | +5.5% |
| 3 Bedrooms | $627.5K | $687.5K | +9.6% |
| 4 Bedrooms | $698.2K | $732.5K | +4.9% |
| 5+ Bedrooms | $750K | $860K | +14.7% |
Summary: 11572 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 14.7%.
Housing Supply in 11572, NY
How many homes are available in 11572, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 136 | -6.8% |
Summary: The 11572 real estate market had 136 homes for sale in November 2024, a 6.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 12 | 9 | -25.0% |
| 3 Bedrooms | 45 | 43 | -4.4% |
| 4 Bedrooms | 60 | 56 | -6.7% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 11572 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11572, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 11572 in November 2024, down by 3.8% month-over-month. Of the 25 sold homes, 56% were sold under asking, 8% were sold at asking, and 36% were sold over asking.
Days on Market for 11572, NY
How long does it take to sell a home in 11572, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 34 Days | -36.5% |
Summary: Homes in 11572 had an average of 34 days on market in Nov 2024, down by 36.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 11572 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in 11572; 60% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.