$6,827 Closing Credit*
$574,900
1,877 SqFt
4 Beds
•2 Full Baths
Listing Office: Island Advantage Realty LLC
Is 11718, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 11718 has remained a Seller's Market.
Key Takeaway
11718 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11718, NY
How much do homes in 11718, NY cost?
Median Sold Price
$799,500
$397/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$99,500(+14.2%)
Key Takeaway
Homes in 11718 have sold for 14.2% more than they did a month ago.
Summary: The median home sold price in 11718 was $799,500 in December 2024, up 14.2% from last month, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $695K | $799.5K | +15.0% |
| 4 Bedrooms | $790K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 11718 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 15%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 11718, NY
How many homes are available in 11718, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The 11718 real estate market had 11 homes for sale in December 2024, a 21.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 11718 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11718, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 11718 in December 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 78 Days | 71 Days | -9.3% |
Summary: Homes in 11718 had an average of 71 days on market in Dec 2024, down by 9.3% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 December 2024, 6 homes were sold in 11718; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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.