Is Bath Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bath Beach was a Seller's Market.
Key Takeaway
Bath Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bath Beach, NY
How much do homes in Bath Beach, NY cost?
Median Sold Price
$800,000
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bath Beach have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Bath Beach was $800,000 in March 2024, down 9.1% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $338K | +20.7% |
| 2 Bedrooms | $593.5K | $420K | -29.2% |
| 3 Bedrooms | $750K | $817.5K | +9.0% |
| 4 Bedrooms | $1.2M | $994.5K | -20.7% |
| 5+ Bedrooms | $1.4M | $1.3M | -6.6% |
Summary: Bath Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.7%, 2 bedroom homes decreased by 29.2%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Gravesend | $850K | $825K | -2.9% |
| New Utrecht | $1.0M | $999K | -4.9% |
| Dyker Heights | $1.2M | $1.2M | -7.5% |
| Bath Beach | $880K | $800K | -9.1% |
Housing Supply in Bath Beach, NY
How many homes are available in Bath Beach, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 119 | 124 | +4.2% |
Summary: The Bath Beach real estate market had 124 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 17 | -26.1% |
| 2 Bedrooms | 35 | 33 | -5.7% |
| 3 Bedrooms | 24 | 27 | +12.5% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 28 | 36 | +28.6% |
Summary: The Bath Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 26.1%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bath Beach, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bath Beach in March 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Bath Beach, NY
How long does it take to sell a home in Bath Beach, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 105 Days | 85 Days | -19.1% |
Summary: Homes in Bath Beach had an average of 85 days on market in Mar 2024, down by 19.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bath Beach has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Bath Beach; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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