Is Holliswood, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holliswood is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Holliswood has remained a Buyer's Market.

Key Takeaway

Holliswood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Holliswood, NY

How much do homes in Holliswood, NY cost?

Median Sold Price

$897,000

$573/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$672,000(+298.7%)

Key Takeaway

Homes in Holliswood have sold for 298.7% more than they did a year ago.

Summary: The median home sold price in Holliswood was $897,000 in October 2024, up 298.7% from last year, and the median price per square foot was $573.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K$182.5K
-3.9%
2 $225K$230K
+2.2%
3 $915K$825K
-9.8%
4 $1.2M$1.8M
+48.1%
5+ $1.1M$1.9M
+72.7%

Summary: Holliswood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 48.1%, and 5+ bedroom homes increased by 72.7%.

Median Sold Price Compared To Nearby Neighborhoods

Holliswood
+298.7%
Hollis
+4.3%
Fresh Meadows
0.3%

Housing Supply in Holliswood, NY

How many homes are available in Holliswood, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3338+15.2%

Summary: The Holliswood real estate market had 38 homes for sale in October 2024, a 15.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1517
+13.3%
2 56
+20.0%
3 31
-66.7%
4 78
+14.3%
5+ 36
+100.0%

Summary: The Holliswood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holliswood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Holliswood in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Holliswood, NY

How long does it take to sell a home in Holliswood, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days87 Days+81.3%

Summary: Homes in Holliswood had an average of 87 days on market in Oct 2024, up by 81.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Holliswood has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Holliswood; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Holliswood, NY

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