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

Tue Oct 19 2021
This week the median list price for Oakland Gardens, NY 11364 is $319,999 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 103. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Oakland Gardens, NY 11364

Tue Oct 19 2021
This week the median list price for Oakland Gardens, NY 11364 is $319,999 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 103. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Oakland Gardens market.
Median List Price $319,999
Median Price of New Listings $354,500
Per Square Foot $406
Average Days on Market 92
Median Days on Market 77
Price Decreased 32%
Price Increased 1%
Relisted 3%
Inventory 103
Median Rent $2,700
Market Action 32
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
$389,888 1,000 - 2 1 71 2 2 63
$328,999 800 - 2 1 70 0 2 108
$307,250 800 - 2 1 67 0 0 108
$239,000 645 - 1 1 67 0 2 49