Mark Karten's Market Report

Whitestone, NY 11357

Condos/Townhomes

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



Whitestone, NY 11357

Wed Jul 06 2022
This week the median list price for Whitestone, NY 11357 is $720,500 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 10. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Whitestone, NY 11357

Wed Jul 06 2022
This week the median list price for Whitestone, NY 11357 is $720,500 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 10. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Whitestone market.
Median List Price $720,500
Median Price of New Listings $654,444
Per Square Foot $444
Average Days on Market 182
Median Days on Market 189
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 10
Median Rent
Market Action 39
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
$1,219,000 1,646 - 3 2.5 37 0 0 273
$953,500 3,000 - 3 3 30 1 1 231
$663,000 1,750 - 2 2 5 0 0 189
$499,000 0 - 1 1 5 1 0 189