Garden City Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
12.8% YoY
Median Price/Sqft
10.6% YoY
No. of Transactions
8.8% YoY
County Median Sale Price
8.8% YoY
In Q3, the median home sale price in Garden City was $1.3M, up 12.8% year-over-year. Sales activity was also on the rise, with a total of 87 sales closed, representing a year-over-year increase of 8.8%. At the same time, the median price per square foot in Q3 was $637, representing a change of 10.6% year-over-year. The median sale price for Nassau County homes was $775K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Nassau County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Garden City | $1,300,000 |
| 2 | Rockville Centre | $975,000 |
| 3 | Long Beach | $758,750 |
| 4 | East Rockaway | $725,000 |
| 5 | Glen Cove | $717,500 |
| 6 | Hempstead | $699,350 |
| 7 | Lynbrook | $677,500 |
| 8 | Valley Stream | $645,000 |
Residential Property Types Sold in Garden City
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $893K | 9% | - | - | 10 |
| House | $1.4M | 8.4% | $637 | 10.6% | 77 |
The median sale price for houses in Garden City in Q3 was $1.4M, up 8.4% year-over-year. Similarly, the median price for condos in Garden City was also on the rise, gaining 9% to reach $893K in Q3.
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