11509 Zip Code Real Estate Market Hits Home Sales High

This week saw a record in sales growth for the 11509 zip code market. It resulted in five homes selling over 30 days, which is a 66.7% spike from last week's number and also the highest amount since July. When comparing other close-by zip codes within the same period, the most came from the 11561 zip code with 44 sales. The amount of available homes slid to 10 months worth, a three-month low, likely depleted as sales hit a new high. Even with the rising sales, the large amount of remaining inventory tells us that the 11509 zip code is still a solid buyer's market.

Not worried about the price of a potential dream house? Take a look at these stunning listings in the 11509 zip code:

$8.5M   $7.8M   $7.5M  

Get started right now by checking out 11509 homes for sale or reviewing 11509 real estate trends.

Demographic facts about the 11509 zip code:

  • This area has a rating of 44 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $23.43/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (17.4%), 15-29 min (16.5%), 30-44 min (19.0%), 45-59 min (13.9%), >60 min (33.1%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Douglas Elliman Real Estate
Snapped 1 home in this area

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