Is Blue Point, 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, Blue Point has remained a Buyer's Market.
Housing Prices in Blue Point, NY
How much do homes in Blue Point, NY cost?
Median Sold Price
$650,000
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Blue Point was $650,000 in April 2024, up 3.2% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $423K | $429K | +1.4% |
2 Bedrooms | $615K | $650K | +5.7% |
3 Bedrooms | $590K | $650K | +10.2% |
4 Bedrooms | $730K | $682K | -6.6% |
5+ Bedrooms | $666K | $1.0M | +53.2% |
Summary: Blue Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 53.2%.
Median Sold Price Compared To Nearby Neighborhoods
North Patchogue | $450K | $520K | +15.6% |
Town of Brookhaven | $470.6K | $506.9K | +7.7% |
Town of Islip | $530K | $562K | +6.0% |
Bayport | $665K | $700K | +5.3% |
Blue Point | $630K | $650K | +3.2% |
Housing Supply in Blue Point, NY
How many homes are available in Blue Point, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Summary: The Blue Point real estate market had 24 homes for sale in April 2024, a 33.3% increase 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 | 7 | 9 | +28.6% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Blue Point 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 increased by 28.6%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Blue Point in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Blue Point, NY
How long does it take to sell a home in Blue Point, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 24 Days | -62.2% |
Summary: Homes in Blue Point had an average of 24 days on market in Apr 2024, down by 62.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Blue Point; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.