Is Beechhurst, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Beechhurst has remained a Buyer's Market.
Housing Prices in Beechhurst, NY
How much do homes in Beechhurst, NY cost?
Median Sold Price
$500,000
$487/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Beechhurst was $500,000 in March 2024, down 31.7% from last year, and the median price per square foot was $487.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $350K | +6.1% |
2 Bedrooms | $470K | $431.5K | -8.2% |
3 Bedrooms | $930K | $711.5K | -23.5% |
4 Bedrooms | $1.2M | $1.5M | +20.2% |
5+ Bedrooms | $1.2M | $1.9M | +56.5% |
Summary: Beechhurst housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 56.5%.
Median Sold Price Compared To Nearby Neighborhoods
Northeastern Queens | $733.8K | $717.8K | -2.2% |
Bay Terrace | $589K | $562.5K | -4.5% |
Whitestone | $950K | $900K | -5.3% |
Beechhurst | $732.5K | $500K | -31.7% |
Housing Supply in Beechhurst, NY
How many homes are available in Beechhurst, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 95 | +5.6% |
Summary: The Beechhurst real estate market had 95 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 22 | +10.0% |
2 Bedrooms | 29 | 28 | -3.4% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Beechhurst housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Beechhurst in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Beechhurst, NY
How long does it take to sell a home in Beechhurst, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
350 Days | 89 Days | -74.6% |
Summary: Homes in Beechhurst had an average of 89 days on market in Mar 2024, down by 74.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Beechhurst; 10% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.