Mark Karten's Market Report

Oakland Gardens, NY 11364

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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 $335,250 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 96. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Oakland Gardens, NY 11364

Wed Jul 06 2022
This week the median list price for Oakland Gardens, NY 11364 is $335,250 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 96. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Oakland Gardens market.
Median List Price $335,250
Median Price of New Listings $269,900
Per Square Foot $356
Average Days on Market 106
Median Days on Market 56
Price Decreased 34%
Price Increased 3%
Relisted 1%
Inventory 96
Median Rent
Market Action 31
Slight Seller's Advantage

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
$382,500 1,454 - 2 1 72 1 1 56
$349,000 878 - 2 1 70 0 0 84
$319,000 830 - 2 1 70 1 2 63
$239,000 700 - 1 1 71 3 2 42