Mark Karten's Market Report

Oakland Gardens, NY 11364

Single-Family Homes

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



Oakland Gardens, NY 11364

Wed Jul 06 2022
This week the median list price for Oakland Gardens, NY 11364 is $1,099,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has increased to 31. Click here to stay informed with the Oakland Gardens market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Oakland Gardens, NY 11364

Wed Jul 06 2022
This week the median list price for Oakland Gardens, NY 11364 is $1,099,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has increased to 31. Click here to stay informed with the Oakland Gardens market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Oakland Gardens market.
Median List Price $1,099,000
Median Price of New Listings $1,200,000
Per Square Foot $706
Average Days on Market 46
Median Days on Market 35
Price Decreased 29%
Price Increased 0%
Relisted 10%
Inventory 31
Median Rent
Market Action 47
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. 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
$1,860,000 2,709 4,500 - 6,500 sqft 4 4 16 3 1 42
$1,199,900 1,614 0 - 4,500 sqft 3 3 74 1 0 87
$999,000 1,594 0 - 4,500 sqft 3 3 74 1 2 14
$931,500 1,188 0 - 4,500 sqft 3 2 72 2 1 45