Mark Karten's Market Report

Oakland Gardens, NY 11364

Condos/Townhomes

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



Oakland Gardens, NY 11364

Tue Oct 19 2021
This week the median list price for Oakland Gardens, NY 11364 is $567,000 with the market action index hovering around 43. This is less than last month's market action index of 52. Inventory has held steady at or around 6. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Oakland Gardens, NY 11364

Tue Oct 19 2021
This week the median list price for Oakland Gardens, NY 11364 is $567,000 with the market action index hovering around 43. This is less than last month's market action index of 52. Inventory has held steady at or around 6. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Oakland Gardens market.
Median List Price $567,000
Median Price of New Listings $0
Per Square Foot $712
Average Days on Market 103
Median Days on Market 98
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent $2,500
Market Action 43
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$689,000 0 - 3 2 38 0 0 161
$668,000 0 - 2 2 36 0 0 35
$567,000 765 - 2 1 55 0 0 66
$416,500 825 - 1 1 53 0 0 143