$4,726 Closing Credit*
$398,000
1,100 SqFt
2 Beds
•1 Full Bath
Listing Office: Block & Lot Services Inc
Is Briarwood, 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, Briarwood was a Neutral Market.
Key Takeaway
Briarwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Briarwood, NY
How much do homes in Briarwood, NY cost?
Median Sold Price
$347,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$46,000(+15.3%)
Key Takeaway
Homes in Briarwood have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Briarwood was $347,000 in November 2024, up 15.3% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $230K | +2.2% |
| 2 Bedrooms | $297.5K | $310K | +4.2% |
| 3 Bedrooms | $765K | $695K | -9.2% |
| 4 Bedrooms | $920K | $1.0M | +12.2% |
| 5+ Bedrooms | $1.1M | $1.0M | -12.0% |
Summary: Briarwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Neighborhoods
| Briarwood | $301K | $347K | +15.3% |
| Pomonok | $850K | $896.5K | +5.5% |
| Kew Gardens Hills | $400K | $415K | +3.8% |
Housing Supply in Briarwood, NY
How many homes are available in Briarwood, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 119 | 114 | -4.2% |
Summary: The Briarwood real estate market had 114 homes for sale in November 2024, a 4.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 51 | 49 | -3.9% |
| 2 Bedrooms | 29 | 30 | +3.4% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Briarwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Briarwood, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Briarwood in November 2024, down by 7.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for Briarwood, NY
How long does it take to sell a home in Briarwood, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 118 Days | +38.8% |
Summary: Homes in Briarwood had an average of 118 days on market in Nov 2024, up by 38.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Briarwood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 12 homes were sold in Briarwood; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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. 
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