Mark Karten's Market Report

Whitestone, NY 11357

Single-Family Homes

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



Whitestone, NY 11357

Tue Oct 19 2021
This week the median list price for Whitestone, NY 11357 is $1,162,450 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 72. Click here to stay informed with the Whitestone 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.

Whitestone, NY 11357

Tue Oct 19 2021
This week the median list price for Whitestone, NY 11357 is $1,162,450 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 72. Click here to stay informed with the Whitestone 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 Whitestone market.
Median List Price $1,162,450
Median Price of New Listings $1,018,500
Per Square Foot $727
Average Days on Market 92
Median Days on Market 63
Price Decreased 35%
Price Increased 3%
Relisted 7%
Inventory 72
Median Rent $2,025
Market Action 35
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$2,669,000 4,400 8,000 - 10,000 sqft 4 5 18 1 2 136
$1,491,500 2,312 4,500 - 6,500 sqft 3 3 71 1 5 108
$998,944 1,446 0 - 4,500 sqft 3 2 73 2 2 28
$898,440 1,275 0 - 4,500 sqft 3 2 71 4 4 35