Is Cold Spring, 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, Cold Spring was a Seller's Market.
Housing Prices in Cold Spring, NY
How much do homes in Cold Spring, NY cost?
Median Sold Price
$620,000
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cold Spring was $620,000 in May 2024, down 0.8% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $415K | +40.7% |
2 Bedrooms | $607.5K | $427.5K | -29.6% |
3 Bedrooms | $589.5K | $750K | +27.2% |
4 Bedrooms | $870K | $840K | -3.4% |
5+ Bedrooms | $740K | $900K | +21.6% |
Summary: Cold Spring housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.7%, 2 bedroom homes decreased by 29.6%, 3 bedroom homes increased by 27.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 21.6%.
Median Sold Price Compared To Nearby Cities
Cold Spring | $625K | $620K | -0.8% |
Philipstown | $649.5K | $635K | -2.2% |
Housing Supply in Cold Spring, NY
How many homes are available in Cold Spring, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 27 | +28.6% |
Summary: The Cold Spring real estate market had 27 homes for sale in May 2024, a 28.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 7 | 12 | +71.4% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cold Spring housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 71.4%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Cold Spring in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Cold Spring, NY
How long does it take to sell a home in Cold Spring, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 57 Days | +103.6% |
Summary: Homes in Cold Spring had an average of 57 days on market in May 2024, up by 103.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Cold Spring; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.