Is Belle Terre, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belle Terre is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Belle Terre was a Seller's Market.

Key Takeaway

Belle Terre is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Belle Terre, NY

How much do homes in Belle Terre, NY cost?

Median Sold Price

$995,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$20,000(+2.1%)

Key Takeaway

Homes in Belle Terre have sold for 2.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 -$995K
N/A
5+ $975K-
N/A

Summary: Belle Terre housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Belle Terre, NY

How many homes are available in Belle Terre, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
56+20.0%

Summary: The Belle Terre real estate market had 6 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 23
+50.0%
5+ 33
0.0%

Summary: The Belle Terre housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belle Terre, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Belle Terre in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Belle Terre, NY

How long does it take to sell a home in Belle Terre, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
149 Days122 Days-18.1%

Summary: Homes in Belle Terre had an average of 122 days on market in Mar 2024, down by 18.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Belle Terre are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Belle Terre; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Belle Terre, NY

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