Mark Karten's Market Report

Little Neck, NY 11362

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



Little Neck, NY 11362

Wed Jul 06 2022
This week the median list price for Little Neck, NY 11362 is $308,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 41. Click here to stay informed with the Little Neck 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 and prices have recently resumed upward pressure.

Little Neck, NY 11362

Wed Jul 06 2022
This week the median list price for Little Neck, NY 11362 is $308,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 41. Click here to stay informed with the Little Neck 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 and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Little Neck market.
Median List Price $308,000
Median Price of New Listings $358,888
Per Square Foot $342
Average Days on Market 49
Median Days on Market 35
Price Decreased 32%
Price Increased 0%
Relisted 2%
Inventory 41
Median Rent
Market Action 43
Slight Seller's Advantage

Though in this zip code this week saw relatively little price change from last week, the market seems to be show some signs of strength. Keep an eye on the Market Action Index to see if this short-term trend can establish itself over the coming months.

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
$387,000 960 - 2 1 69 2 2 31
$349,000 950 - 2 1 69 1 0 28
$299,000 938 - 2 1 68 1 0 56
$219,000 745 - 1 1 69 1 1 35