Mark Karten's Market Report

Bayside, NY 11360

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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 $362,494 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 94. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bayside, NY 11360

Tue Oct 19 2021
This week the median list price for Bayside, NY 11360 is $362,494 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has decreased to 94. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bayside market.
Median List Price $362,494
Median Price of New Listings $375,000
Per Square Foot $337
Average Days on Market 142
Median Days on Market 102
Price Decreased 40%
Price Increased 2%
Relisted 4%
Inventory 94
Median Rent
Market Action 31
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
$499,000 1,440 - 2 2 52 3 2 70
$425,000 1,100 - 2 1 52 3 1 119
$328,810 1,100 - 2 1 60 1 0 136
$254,499 914 - 1 1 61 4 0 126