Mark Karten's Market Report

Bayside, NY 11361

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



Bayside, NY 11361

Tue Oct 19 2021
This week the median list price for Bayside, NY 11361 is $254,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has decreased to 30. Click here to stay informed with the Bayside market!

Market Action Index

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

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Bayside, NY 11361

Tue Oct 19 2021
This week the median list price for Bayside, NY 11361 is $254,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has decreased to 30. Click here to stay informed with the Bayside market!

Market Action Index

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

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Bayside market.
Median List Price $254,000
Median Price of New Listings $289,000
Per Square Foot $408
Average Days on Market 108
Median Days on Market 105
Price Decreased 57%
Price Increased 0%
Relisted 0%
Inventory 30
Median Rent $3,400
Market Action 29
Slight Buyer'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
$355,800 900 - 2 1 60 1 0 98
$318,800 750 - 2 1 61 0 0 112
$248,500 575 - 1 1 60 0 0 108
$229,498 0 - 1 1 66 1 1 87