Is Bellerose, 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, Bellerose was a Seller's Market.
Housing Prices in Bellerose, NY
How much do homes in Bellerose, NY cost?
Median Sold Price
$705,000
$477/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bellerose was $705,000 in March 2024, down 2.6% from last year, and the median price per square foot was $477.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $256.6K | $241K | -6.1% |
2 Bedrooms | $380.5K | $610K | +60.3% |
3 Bedrooms | $710K | $705K | -0.7% |
4 Bedrooms | $830K | $822K | -1.0% |
5+ Bedrooms | $890K | $1.0M | +12.7% |
Summary: Bellerose housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 60.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 12.7%.
Median Sold Price Compared To Nearby Neighborhoods
Floral Park | $730K | $760K | +4.1% |
Bellerose | $724K | $705K | -2.6% |
Bellaire | $700K | $668K | -4.6% |
Glen Oaks | $380K | $340K | -10.5% |
Housing Supply in Bellerose, NY
How many homes are available in Bellerose, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 49 | +6.5% |
Summary: The Bellerose real estate market had 49 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Bellerose housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Bellerose in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Bellerose, NY
How long does it take to sell a home in Bellerose, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 49 Days | -41.9% |
Summary: Homes in Bellerose had an average of 49 days on market in Mar 2024, down by 41.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Bellerose; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.