Is 11719, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 11719 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 11719 was a Seller's Market.

Key Takeaway

11719 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 11719, NY

How much do homes in 11719, NY cost?

Median Sold Price

$575,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$95,000(+19.8%)

Key Takeaway

Homes in 11719 have sold for 19.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $480K$575K
+19.8%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: 11719 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 increased by 19.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 11719, NY

How many homes are available in 11719, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
11110.0%

Summary: The 11719 real estate market had 11 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 45
+25.0%
4 23
+50.0%
5+ 22
0.0%

Summary: The 11719 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 decreased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 11719, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 11719 in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 11719, NY

How long does it take to sell a home in 11719, NY?

Average Sale Time

Nov 2024Dec 2024CHANGE
129 Days26 Days-79.8%

Summary: Homes in 11719 had an average of 26 days on market in Dec 2024, down by 79.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 11719 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in 11719; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 11719, NY

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