$3,859 Closing Credit*
$325,000
650 SqFt
1 Bed
•1 Full Bath
Listing Office: Prime Realty
Is University Gardens, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, University Gardens was a Seller's Market.
Key Takeaway
University Gardens is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in University Gardens, NY
How much do homes in University Gardens, NY cost?
Median Sold Price
$950,000
$563/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in University Gardens has remained the same since last year.
Summary: The median home sold price in University Gardens was $950,000 in November 2024, the same as last year, and the median price per square foot was $563.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252.5K | $274K | +8.5% |
| 2 Bedrooms | $340.5K | $380K | +11.6% |
| 3 Bedrooms | $989.5K | $1.1M | +18.2% |
| 4 Bedrooms | $1.2M | $1.5M | +28.3% |
| 5+ Bedrooms | $1.8M | $2.1M | +15.3% |
Summary: University Gardens housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Little Neck | $1.0M | $1.1M | +14.5% |
| Town of North Hempstead | $893.9K | $985K | +10.2% |
| Northeastern Queens | $691.1K | $723.7K | +4.7% |
| University Gardens | $950K | $950K | 0.0% |
Housing Supply in University Gardens, NY
How many homes are available in University Gardens, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 32 | +10.3% |
Summary: The University Gardens real estate market had 32 homes for sale in November 2024, a 10.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 14 | +27.3% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The University Gardens housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in University Gardens, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in University Gardens in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for University Gardens, NY
How long does it take to sell a home in University Gardens, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 54 Days | +255.4% |
Summary: Homes in University Gardens had an average of 54 days on market in Nov 2024, up by 255.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in University Gardens has remained consistent over time.
Summary: During November 2024, 4 homes were sold in University Gardens; 25% of homes were sold within 30 days, 75% 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.