$4,096 Closing Credit*
$344,900
6,260 SqFt
7 Beds
•4 Full Baths
Kamran Mazhar, Listing Office: Signature Real Estate Services
Is Front Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Front Park was a Buyer's Market.
Key Takeaway
Front Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Front Park, NY
How much do homes in Front Park, NY cost?
Median Sold Price
$144,250
$60/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$133,250(-48.0%)
Key Takeaway
Homes in Front Park have sold for 48% less than they did a month ago.
Summary: The median home sold price in Front Park was $144,250 in November 2024, down 48% from last month, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $500K | $39.9K | -92.0% |
| 3 Bedrooms | - | $148.5K | N/A |
| 4 Bedrooms | $277.5K | $189.9K | -31.5% |
| 5+ Bedrooms | $130K | $155K | +19.2% |
Summary: Front Park housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 92%, 3 bedroom homes did not change, 4 bedroom homes decreased by 31.5%, and 5+ bedroom homes increased by 19.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakeview / Lower West Side | $335K | $432K | +29.0% |
| Allen | $370.5K | $250K | -32.5% |
| Front Park | $277.5K | $144.2K | -48.0% |
Housing Supply in Front Park, NY
How many homes are available in Front Park, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 42 | -8.7% |
Summary: The Front Park real estate market had 42 homes for sale in November 2024, a 8.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Front Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Front Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Front Park in November 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Front Park, NY
How long does it take to sell a home in Front Park, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 23 Days | -20.1% |
Summary: Homes in Front Park had an average of 23 days on market in Nov 2024, down by 20.1% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Front Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Front Park; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
