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

Tue Oct 19 2021
This week the median list price for Little Neck, NY 11362 is $318,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has decreased to 38. 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

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.

Little Neck, NY 11362

Tue Oct 19 2021
This week the median list price for Little Neck, NY 11362 is $318,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has decreased to 38. 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

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 Little Neck market.
Median List Price $318,000
Median Price of New Listings $318,000
Per Square Foot $352
Average Days on Market 106
Median Days on Market 70
Price Decreased 32%
Price Increased 0%
Relisted 5%
Inventory 38
Median Rent $2,775
Market Action 36
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. 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
$359,000 960 - 2 1 69 0 0 91
$329,888 950 - 2 1 69 2 0 91
$299,499 950 - 2 1 67 2 4 52
$219,000 700 - 1 1 63 1 0 63