$550,000
1 Bed
•1 Full Bath
Listing Office: E Realty International Corp
October 2024
Report Updated 20 Days Ago
Is Northeastern Queens, 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, Northeastern Queens was a Neutral Market.
How much do homes in Northeastern Queens, NY cost?
$741,297
$553/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Northeastern Queens was $741,297 in October 2024, up 3.2% from last year, and the median price per square foot was $553.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $290.5K | +5.6% |
2 Bedrooms | $374.7K | $408.2K | +8.9% |
3 Bedrooms | $872.1K | $900K | +3.2% |
4 Bedrooms | $997K | $1.0M | +0.9% |
5+ Bedrooms | $1.3M | $1.3M | +1.1% |
Summary: Northeastern Queens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 1.1%.
Bay Terrace | $555K | $605K | +9.0% |
Northeastern Queens | $718K | $741.2K | +3.2% |
Auburndale | $905K | $920K | +1.7% |
Beechhurst | $669.5K | $670K | 0.1% |
Whitestone | $890K | $860K | -3.4% |
How many homes are available in Northeastern Queens, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
2,387 | 2,516 | +5.4% |
Summary: The Northeastern Queens real estate market had 2,516 homes for sale in October 2024, a 5.4% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 570 | 597 | +4.7% |
2 Bedrooms | 655 | 694 | +6.0% |
3 Bedrooms | 489 | 502 | +2.7% |
4 Bedrooms | 323 | 339 | +5.0% |
5+ Bedrooms | 350 | 384 | +9.7% |
Summary: The Northeastern Queens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 9.7%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
275 | 266 | -3.3% |
189 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 266 homes were sold or pending in Northeastern Queens in October 2024, down by 3.3% month-over-month. Of the 266 sold homes, 71% were sold under asking, 9% were sold at asking, and 20% were sold over asking.
How long does it take to sell a home in Northeastern Queens, NY?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
82 Days | 78 Days | -5.5% |
Summary: Homes in Northeastern Queens had an average of 78 days on market in Oct 2024, down by 5.5% compared to last year.
80 Homes Were Sold
Under 30 Days
102 Homes Were Sold
In 30 - 90 Days
82 Homes Were Sold
Over 90 Days
Summary: During October 2024, 266 homes were sold in Northeastern Queens; 30% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 31% 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 20 Days Ago
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