Mark Karten's Market Report

Bayside, NY 11360

Single-Family Homes

Licensed Real Estate Broker | REALTOR® | 917-502-2635 | mark@kresnyc.com



Bayside, NY 11360

Tue Jul 05 2022
This week the median list price for Bayside, NY 11360 is $1,385,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has decreased to 9. Click here to stay informed with the Bayside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bayside, NY 11360

Tue Jul 05 2022
This week the median list price for Bayside, NY 11360 is $1,385,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has decreased to 9. Click here to stay informed with the Bayside market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bayside market.
Median List Price $1,385,000
Median Price of New Listings $0
Per Square Foot $729
Average Days on Market 57
Median Days on Market 42
Price Decreased 56%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,719,500 5,577 0.25 - 0.5 acre 5 6 47 0 1 77
$1,599,400 2,336 4,500 - 6,500 sqft 3 3.5 23 0 0 101
$1,336,500 1,598 4,500 - 6,500 sqft 3 2.5 74 0 0 17
$1,180,000 1,566 0 - 4,500 sqft 3 3 62 0 1 42