$10,000 Closing Credit*
$1,750,000
1,924 SqFt
6 Beds
•4 Full Baths, 1 Partial
Listing Office: Tiffany Moves You Inc
Is Fresh Meadows, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Fresh Meadows was a Neutral Market.
Key Takeaway
Fresh Meadows is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fresh Meadows, NY
How much do homes in Fresh Meadows, NY cost?
Median Sold Price
$998,000
$676/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,000(+0.3%)
Key Takeaway
The sold price of homes in Fresh Meadows has remained the same since last year.
Summary: The median home sold price in Fresh Meadows was $998,000 in October 2024, up 0.3% from last year, and the median price per square foot was $676.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237K | $218.5K | -7.8% |
| 2 Bedrooms | $588K | $675K | +14.8% |
| 3 Bedrooms | $938K | $965K | +2.9% |
| 4 Bedrooms | $1.1M | $1.1M | -1.7% |
| 5+ Bedrooms | $1.2M | $1.3M | +8.6% |
Summary: Fresh Meadows housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Holliswood | $225K | $897K | +298.7% |
| Hillcrest | $950K | $990K | +4.2% |
| Fresh Meadows | $995K | $998K | 0.3% |
Housing Supply in Fresh Meadows, NY
How many homes are available in Fresh Meadows, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Fresh Meadows real estate market had 24 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Fresh Meadows 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fresh Meadows, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Fresh Meadows in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Fresh Meadows, NY
How long does it take to sell a home in Fresh Meadows, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 19 Days | -56.7% |
Summary: Homes in Fresh Meadows had an average of 19 days on market in Oct 2024, down by 56.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fresh Meadows are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Fresh Meadows; 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.
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.