$9,856 Closing Credit*
$830,000
4 Beds
•2 Full Baths
Listing Office: JonarBri Realty
Is Hollis, 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, Hollis was a Neutral Market.
Key Takeaway
Hollis is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollis, NY
How much do homes in Hollis, NY cost?
Median Sold Price
$735,000
$453/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+4.3%)
Key Takeaway
Homes in Hollis have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Hollis was $735,000 in October 2024, up 4.3% from last year, and the median price per square foot was $453.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $170K | +3.0% |
| 2 Bedrooms | $240K | $245K | +2.1% |
| 3 Bedrooms | $645K | $705K | +9.3% |
| 4 Bedrooms | $750K | $785K | +4.7% |
| 5+ Bedrooms | $896K | $972K | +8.5% |
Summary: Hollis housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Holliswood | $225K | $897K | +298.7% |
| Hollis | $705K | $735K | +4.3% |
| Saint Albans | $649K | $674K | +3.9% |
Housing Supply in Hollis, NY
How many homes are available in Hollis, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 78 | -3.7% |
Summary: The Hollis real estate market had 78 homes for sale in October 2024, a 3.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 31 | 30 | -3.2% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Hollis 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 16.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollis, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Hollis in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Hollis, NY
How long does it take to sell a home in Hollis, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 103 Days | +47.6% |
Summary: Homes in Hollis had an average of 103 days on market in Oct 2024, up by 47.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hollis are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 7 homes were sold in Hollis; 43% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 57% 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. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 
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