Is Brookhaven, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookhaven is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Brookhaven has remained a Seller's Market.

Key Takeaway

Brookhaven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Brookhaven, NY cost?

Median Sold Price

$429,999

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$54,996(+14.7%)

Key Takeaway

Homes in Brookhaven have sold for 14.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $150K$179K
+19.3%
2 $280K$320K
+14.3%
3 $353.2K$415K
+17.5%
4 $429K$495K
+15.4%
5+ $453.2K$543.7K
+20.0%

Median Sold Price Compared To Nearby Cities

Shoreham
+34.8%
Bellport
+22.8%
Patchogue
+16.7%
Lake Grove
+15.9%
Brookhaven
+14.7%

How many homes are available in Brookhaven, NY?

Number of Homes For Sale

Nov 2021Dec 2021%
3,4373,180-7.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 128109
-14.8%
2 497461
-7.2%
3 1,2471,155
-7.4%
4 1,0921,010
-7.5%
5+ 473445
-5.9%

Number of Homes Sold

Nov 2021Dec 2021%
560619+10.5%

Asking Price vs. Sold Price

190 Homes Were Sold
Under Asking

92 Homes Were Sold
At Asking

337 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookhaven, you could pay more than the asking price. 54.4% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
52 Days50 Days-3.2%

Breakdown of Home Sale Times

312 Homes Were Sold
Under 30 Days

211 Homes Were Sold
In 30 - 90 Days

96 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brookhaven are selling fast, if you're buying plan to act quickly.

About Brookhaven, NY

Brookhaven, NY has 3,180 homes on the market. Between November 2021 and December 2021, Brookhaven, NY real estate market has seen decrease in the number of listings by 7.5%. Listings spent 50 days on the market in December 2021, and had a median list price of $429,999 during the same period. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties became 19.3% more expensive, prices of 2 bedrooms properties went up by 14.3%, 3 bedrooms properties prices increased by 17.5%, 4 bedrooms properties prices increased by 15.4%, prices of 5 bedrooms properties increased by 20%. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 14.8%, 2 bedrooms homes became 7.2% less available, volume of 3 bedrooms homes went down by 7.4%, number of 4 bedrooms homes decreased by 7.5%, number of 5 bedrooms homes decreased by 5.9%. Brookhaven, NY housing market in December 2021 saw over 337 listings sold above listed price, more than 92 sold at listed price and over 190 sold below.

Related Housing Market Reports