Is Brewster, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Brewster was a Neutral Market.
Key Takeaway
Brewster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brewster, NY
How much do homes in Brewster, NY cost?
Median Sold Price
$525,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brewster have sold for 19.3% more than they did a year ago.
Summary: The median home sold price in Brewster was $525,000 in May 2024, up 19.3% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $291.5K | $325K | +11.5% |
| 2 Bedrooms | $350K | $353K | +0.9% |
| 3 Bedrooms | $475K | $527.5K | +11.1% |
| 4 Bedrooms | $650K | $640K | -1.5% |
| 5+ Bedrooms | $685K | $755K | +10.2% |
Summary: Brewster housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Brewster | $440K | $525K | +19.3% |
| Southeast | $422.5K | $477K | +12.9% |
Housing Supply in Brewster, NY
How many homes are available in Brewster, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 73 | 91 | +24.7% |
Summary: The Brewster real estate market had 91 homes for sale in May 2024, a 24.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 28 | 37 | +32.1% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Brewster housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 16 | +128.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brewster, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Brewster in May 2024, up by 128.6% month-over-month. Of the 16 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Brewster, NY
How long does it take to sell a home in Brewster, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 34 Days | -1.2% |
Summary: Homes in Brewster had an average of 34 days on market in May 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brewster are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 16 homes were sold in Brewster; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.