Is Beechwood, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Beechwood has remained a Seller's Market.
Housing Prices in Beechwood, NY
How much do homes in Beechwood, NY cost?
Median Sold Price
$90,000
$54/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Beechwood was $90,000 in April 2024, down 18.4% from last year, and the median price per square foot was $54.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $56.5K | $49K | -13.3% |
3 Bedrooms | $110.2K | $110K | -0.2% |
4 Bedrooms | $121K | $75K | -38.0% |
5+ Bedrooms | $97K | $90K | -7.2% |
Summary: Beechwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 38%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Neighborhoods
Culver Winton | $194.1K | $215K | +10.8% |
Homestead Heights | $142.2K | $141K | -0.9% |
North Marketview Heights | $79K | $70K | -11.4% |
Beechwood | $110.2K | $90K | -18.4% |
Housing Supply in Beechwood, NY
How many homes are available in Beechwood, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 28 | -15.2% |
Summary: The Beechwood real estate market had 28 homes for sale in April 2024, a 15.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 17 | 11 | -35.3% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Beechwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Beechwood in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 11% were sold under asking, 22% were sold at asking, and 67% were sold over asking.
Days on Market for Beechwood, NY
How long does it take to sell a home in Beechwood, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 13 Days | -61.5% |
Summary: Homes in Beechwood had an average of 13 days on market in Apr 2024, down by 61.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Beechwood; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.