$10,000 Closing Credit*
$1,099,000
3 Beds
•3 Full Baths
Listing Office: Signature Premier Properties
Is 11747, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 11747 has remained a Seller's Market.
Key Takeaway
11747 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 11747, NY
How much do homes in 11747, NY cost?
Median Sold Price
$900,000
$453/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$150,000(+20.0%)
Key Takeaway
Homes in 11747 have sold for 20% more than they did a year ago.
Summary: The median home sold price in 11747 was $900,000 in October 2024, up 20% from last year, and the median price per square foot was $453.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $587.5K | $700K | +19.1% |
| 3 Bedrooms | $771.9K | $861.5K | +11.6% |
| 4 Bedrooms | $842K | $961K | +14.1% |
| 5+ Bedrooms | $1.3M | $1.3M | -1.8% |
Summary: 11747 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 increased by 19.1%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in 11747, NY
How many homes are available in 11747, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 | 91 | -11.7% |
Summary: The 11747 real estate market had 91 homes for sale in October 2024, a 11.7% 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 | 25 | 21 | -16.0% |
| 3 Bedrooms | 31 | 28 | -9.7% |
| 4 Bedrooms | 27 | 20 | -25.9% |
| 5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The 11747 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 decreased by 16%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 19 | -29.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 11747, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 11747 in October 2024, down by 29.6% month-over-month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for 11747, NY
How long does it take to sell a home in 11747, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 31 Days | -1.9% |
Summary: Homes in 11747 had an average of 31 days on market in Oct 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 11747 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 11747; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% 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.