$6,864 Closing Credit*
$578,000
2 Beds
•2 Full Baths
Listing Office: Jamie Realty Group
Is Briarwood, 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, Briarwood has remained a Buyer's 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
$342,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,750(+4.8%)
Key Takeaway
Homes in Briarwood have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Briarwood was $342,000 in October 2024, up 4.8% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $229.5K | +3.1% |
| 2 Bedrooms | $300K | $310K | +3.3% |
| 3 Bedrooms | $757.5K | $675K | -10.9% |
| 4 Bedrooms | $930K | $935.7K | +0.6% |
| 5+ Bedrooms | $1.1M | $1.0M | -10.9% |
Summary: Briarwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Kew Gardens Hills | $380K | $425K | +11.8% |
| Briarwood | $326.2K | $342K | +4.8% |
| Pomonok | $892.5K | $867.5K | -2.8% |
Housing Supply in Briarwood, NY
How many homes are available in Briarwood, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 123 | 0.0% |
Summary: The Briarwood real estate market had 123 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 55 | 55 | 0.0% |
| 2 Bedrooms | 34 | 30 | -11.8% |
| 3 Bedrooms | 18 | 22 | +22.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Briarwood 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 11.8%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Briarwood, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Briarwood in October 2024, up by 22.2% month-over-month. Of the 11 sold homes, 91% were sold under asking, 9% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 111 Days | +42.8% |
Summary: Homes in Briarwood had an average of 111 days on market in Oct 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Briarwood has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Briarwood; 18% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 36% 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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