Is Head of the Harbor, 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, Head of the Harbor has remained a Seller's Market.
Housing Prices in Head of the Harbor, NY
How much do homes in Head of the Harbor, NY cost?
Median Sold Price
$1,150,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Head of the Harbor was $1,150,000 in May 2024, up 2.9% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $540K | - | N/A |
3 Bedrooms | $1.1M | $797K | -30.7% |
4 Bedrooms | $880K | $1.2M | +36.4% |
5+ Bedrooms | $1.8M | $1.1M | -37.6% |
Summary: Head of the Harbor 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 decreased by 30.7%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes decreased by 37.6%.
Median Sold Price Compared To Nearby Cities
Brookhaven | $474.2K | $515K | +8.6% |
Smithtown | $649.9K | $697.2K | +7.3% |
Head of the Harbor | $1.1M | $1.1M | +2.9% |
Nissequogue | $1.1M | $1.1M | 0.4% |
Housing Supply in Head of the Harbor, NY
How many homes are available in Head of the Harbor, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Summary: The Head of the Harbor real estate market had 9 homes for sale in May 2024, a 50.0% 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 | 1 | 1 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The Head of the Harbor 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
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 Head of the Harbor in May 2024, up by 200.0% 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 Head of the Harbor, NY
How long does it take to sell a home in Head of the Harbor, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
139 Days | 38 Days | -72.4% |
Summary: Homes in Head of the Harbor had an average of 38 days on market in May 2024, down by 72.4% 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 Head of the Harbor; 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.