Is Bellaire, 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, Bellaire was a Neutral Market.
Housing Prices in Bellaire, NY
How much do homes in Bellaire, NY cost?
Median Sold Price
$668,000
$503/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bellaire was $668,000 in March 2024, down 4.6% from last year, and the median price per square foot was $503.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $235K | +6.8% |
2 Bedrooms | $295K | $295K | 0.0% |
3 Bedrooms | $707.5K | $740K | +4.6% |
4 Bedrooms | $820K | $830K | +1.2% |
5+ Bedrooms | $965K | $1.2M | +26.6% |
Summary: Bellaire housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 26.6%.
Median Sold Price Compared To Nearby Neighborhoods
Oakland Gardens | $352K | $345K | -2.0% |
Bellerose | $724K | $705K | -2.6% |
Bellaire | $700K | $668K | -4.6% |
Queens Village | $732K | $665.1K | -9.1% |
Housing Supply in Bellaire, NY
How many homes are available in Bellaire, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 76 | +1.3% |
Summary: The Bellaire real estate market had 76 homes for sale in March 2024, a 1.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 23 | 26 | +13.0% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Bellaire housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Bellaire in March 2024, down by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Bellaire, NY
How long does it take to sell a home in Bellaire, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
140 Days | 100 Days | -28.3% |
Summary: Homes in Bellaire had an average of 100 days on market in Mar 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Bellaire; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.