$10,000 Closing Credit*
$849,990
1,278 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker American Homes
Is Garden City 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, Garden City Park was a Neutral Market.
Key Takeaway
Garden City Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Garden City Park, NY
How much do homes in Garden City Park, NY cost?
Median Sold Price
$840,000
$593/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$156,000(-15.7%)
Key Takeaway
Homes in Garden City Park have sold for 15.7% less than they did a month ago.
Summary: The median home sold price in Garden City Park was $840,000 in November 2024, down 15.7% from last month, and the median price per square foot was $593.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.1M | - | N/A |
| 4 Bedrooms | $827.5K | $840K | +1.5% |
| 5+ Bedrooms | $996K | - | N/A |
Summary: Garden City 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes did not change.
Housing Supply in Garden City Park, NY
How many homes are available in Garden City Park, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The Garden City Park real estate market had 27 homes for sale in November 2024, a 10.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Garden City 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garden City Park, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Garden City Park in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Garden City Park, NY
How long does it take to sell a home in Garden City Park, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 19 Days | -31.4% |
Summary: Homes in Garden City Park had an average of 19 days on market in Nov 2024, down by 31.4% compared to last month.
Breakdown of Home Sale Times
2 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 Garden City Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Garden City Park; 67% of homes were sold within 30 days, 33% 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.