Mark Karten's Market Report

Bayside, NY 11360

Condos/Townhomes

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



Bayside, NY 11360

Tue Oct 19 2021
This week the median list price for Bayside, NY 11360 is $739,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 35. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Oct 19 2021
This week the median list price for Bayside, NY 11360 is $739,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 35. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $739,000
Median Price of New Listings $738,000
Per Square Foot $645
Average Days on Market 95
Median Days on Market 98
Price Decreased 29%
Price Increased 3%
Relisted 3%
Inventory 35
Median Rent $2,550
Market Action 31
Slight Seller's Advantage

We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$923,500 1,525 4,500 - 6,500 sqft 2 3 38 1 0 105
$795,000 1,209 - 2 2 36 0 1 56
$709,888 1,150 - 2 2 39 1 0 112
$568,000 767 - 1 1 39 1 2 63