$10,000 Closing Credit*
$1,350,000
Listing Office: Dalling & Dalling R.E., Inc.
Is Canarsie, 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, Canarsie was a Neutral Market.
Key Takeaway
Canarsie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Canarsie, NY
How much do homes in Canarsie, NY cost?
Median Sold Price
$742,500
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,500(-2.3%)
Key Takeaway
Homes in Canarsie have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Canarsie was $742,500 in November 2024, down 2.3% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $325K | +36.8% |
| 2 Bedrooms | $465K | $482.5K | +3.8% |
| 3 Bedrooms | $652.5K | $695K | +6.5% |
| 4 Bedrooms | $800K | $800K | 0.0% |
| 5+ Bedrooms | $920K | $927.5K | +0.8% |
Summary: Canarsie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 0.8%.
Housing Supply in Canarsie, NY
How many homes are available in Canarsie, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 115 | -7.3% |
Summary: The Canarsie real estate market had 115 homes for sale in November 2024, a 7.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 7 | -22.2% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 27 | 24 | -11.1% |
| 5+ Bedrooms | 52 | 50 | -3.8% |
Summary: The Canarsie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Canarsie, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Canarsie in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Canarsie, NY
How long does it take to sell a home in Canarsie, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 77 Days | +15.4% |
Summary: Homes in Canarsie had an average of 77 days on market in Nov 2024, up by 15.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Canarsie has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Canarsie; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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