$10,000 Closing Credit*
$895,000
1,860 SqFt
2 Beds
•1 Full Bath
Listing Office: Jones Hollow Realty Group Inc
Is 11702, 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, 11702 was a Seller's Market.
Key Takeaway
11702 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 11702, NY
How much do homes in 11702, NY cost?
Median Sold Price
$700,000
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+6.9%)
Key Takeaway
Homes in 11702 have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in 11702 was $700,000 in November 2024, up 6.9% from last year, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | $690K | +74.7% |
| 2 Bedrooms | $475K | $515K | +8.4% |
| 3 Bedrooms | $605K | $672.5K | +11.2% |
| 4 Bedrooms | $715.7K | $765K | +6.9% |
| 5+ Bedrooms | $825K | $967.5K | +17.3% |
Summary: 11702 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.7%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 17.3%.
Housing Supply in 11702, NY
How many homes are available in 11702, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 72 | -11.1% |
Summary: The 11702 real estate market had 72 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 19 | 16 | -15.8% |
Summary: The 11702 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes decreased by 15.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11702, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in 11702 in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 11702, NY
How long does it take to sell a home in 11702, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 28 Days | -43.5% |
Summary: Homes in 11702 had an average of 28 days on market in Nov 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 11702 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in 11702; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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.