in Kings Point, NY • 2026 Buying Guide
Best Month
December
$2.50M
Avoid
January
$2.88M
Potential Savings
$385K
13.3% difference
Market Type
Balanced
6.0 mo. supply
Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.
Median Sale Price
$4.39M
N/A YoY
Days on Market
132
median days
Inventory
12
active listings
Sale-to-List Ratio
84.0%
room to negotiate
Jan
$2.88M
PeakFeb
$2.88M
Mar
$2.79M
Apr
$2.13M
May
$2.65M
Jun
$2.42M
Jul
$2.75M
Aug
$2.71M
Sep
$2.81M
Oct
$2.60M
Nov
$2.77M
Dec
$2.50M
BestBased on historical sales data in Kings Point
Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
Pro Tip: With Kings Point's median price at $4.39M, a 20% down payment would be approximately $878K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Kings Point's housing market, December is typically the best time to buy a condo. During this month, prices average around $2.50M, which is 13.3% lower than peak prices in January. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
The current median home price in Kings Point is $4.39M. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Kings Point has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.
Key considerations for buying a condo in Kings Point include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).
Homes in Kings Point currently spend an average of 132 days on market. This suggests a slower market where you have more time to negotiate.
Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With Kings Point's median price of $4.39M, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a condo in Kings Point? Our analysis shows that December typically offers the best prices, with homes averaging around $2.50M. Buying during this time could save you up to $385K compared to peak months like January.
With a median price of $4.39M and homes spending an average of 132 days on market, Kings Point is currently a balanced market. There's currently 6.0 months of inventory available.
Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Working with a local real estate agent who knows Kings Point can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in condos.