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.
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
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
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
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.