Is East Hills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, East Hills has remained a Seller's Market.
Housing Prices in East Hills, NY
How much do homes in East Hills, NY cost?
Median Sold Price
$1,592,000
$563/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Hills was $1,592,000 in May 2024, up 18.8% from last year, and the median price per square foot was $563.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $678K | - | N/A |
3 Bedrooms | $1.1M | $1.2M | +11.3% |
4 Bedrooms | $1.2M | $1.5M | +20.2% |
5+ Bedrooms | $1.6M | $1.9M | +20.9% |
Summary: East Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
East Hills | $1.3M | $1.5M | +18.8% |
Roslyn | $1.2M | $1.4M | +14.2% |
North Hempstead | $869K | $949K | +9.2% |
Old Westbury | $2.5M | $2.5M | +3.2% |
Housing Supply in East Hills, NY
How many homes are available in East Hills, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 36 | +2.9% |
Summary: The East Hills real estate market had 36 homes for sale in May 2024, a 2.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The East Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in East Hills in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for East Hills, NY
How long does it take to sell a home in East Hills, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 109 Days | +164.8% |
Summary: Homes in East Hills had an average of 109 days on market in May 2024, up by 164.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in East Hills; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.