$8,312 Closing Credit*
$699,999
1,786 SqFt
4 Beds
•2 Full Baths
Listing Office: Keller Williams Rty Gold Coast
Is 11718, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 11718 was a Seller's Market.
Key Takeaway
11718 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 11718, NY
How much do homes in 11718, NY cost?
Median Sold Price
$955,000
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$250,000(+35.5%)
Key Takeaway
Homes in 11718 have sold for 35.5% more than they did a year ago.
Summary: The median home sold price in 11718 was $955,000 in October 2024, up 35.5% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $475K | - | N/A |
| 3 Bedrooms | $712.5K | $900K | +26.3% |
| 4 Bedrooms | $712.5K | $1.0M | +48.1% |
| 5+ Bedrooms | $775K | $950K | +22.6% |
Summary: 11718 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes increased by 22.6%.
Median Sold Price Compared To Nearby Zip Codes
| 11718 | $705K | $955K | +35.5% |
| 11706 | $530.7K | $581K | +9.5% |
Housing Supply in 11718, NY
How many homes are available in 11718, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The 11718 real estate market had 17 homes for sale in October 2024, a 10.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 11718 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 11718, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 11718 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 11718, NY
How long does it take to sell a home in 11718, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 28 Days | -36.7% |
Summary: Homes in 11718 had an average of 28 days on market in Oct 2024, down by 36.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 11718 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 11718; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.