Kevin Kalyan Realty, Inc.

Jamaica, NY

Single-Family Homes

86-30 108th St, Richmond Hill, NY 11418



Jamaica, NY

Wed Nov 25 2020
This week the median list price for Jamaica, NY is $599,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 253. Click here to stay informed with the Jamaica market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Jamaica, NY

Wed Nov 25 2020
This week the median list price for Jamaica, NY is $599,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 253. Click here to stay informed with the Jamaica market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Jamaica market.
Median List Price $599,000
Per Square Foot $465
Days on Market 138
Price Decreased 33%
Price Increased 5%
Relisted 8%
Inventory 253
Median Rent $2,400
Most Expensive $10,000,000
Least Expensive $3,250
Market Action 33
Slight Seller's Advantage

Prices appear to be hovering around their high point. 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
$1,199,000 2,729 4,500 - 6,500 sqft 4 3 80 3 5 162
$669,000 1,479 0 - 4,500 sqft 3 2 93 5 5 122
$554,999 1,228 0 - 4,500 sqft 3 2 95 4 4 120
$449,450 1,023 0 - 4,500 sqft 3 2 95 3 2 148