Is Cold Spring Harbor, 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, Cold Spring Harbor has remained a Seller's Market.
Key Takeaway
Cold Spring Harbor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cold Spring Harbor, NY
How much do homes in Cold Spring Harbor, NY cost?
Median Sold Price
$1,202,000
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cold Spring Harbor have sold for 33.6% more than they did a year ago.
Summary: The median home sold price in Cold Spring Harbor was $1,202,000 in April 2024, up 33.6% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $725K | $348K | -52.0% |
| 3 Bedrooms | $789.5K | $863K | +9.3% |
| 4 Bedrooms | $902.5K | $1.2M | +38.5% |
| 5+ Bedrooms | $1.7M | $1.9M | +13.9% |
Summary: Cold Spring Harbor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 52%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Cold Spring Harbor | $900K | $1.2M | +33.6% |
| West Hills | $712.5K | $810K | +13.7% |
| Town of Huntington | $730.5K | $770.2K | +5.4% |
| Town of Oyster Bay | $728.4K | $768K | +5.4% |
| Huntington Station | $550.6K | $565K | +2.6% |
Housing Supply in Cold Spring Harbor, NY
How many homes are available in Cold Spring Harbor, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 29 | +26.1% |
Summary: The Cold Spring Harbor real estate market had 29 homes for sale in April 2024, a 26.1% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Cold Spring Harbor 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cold Spring Harbor, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Cold Spring Harbor in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Cold Spring Harbor, NY
How long does it take to sell a home in Cold Spring Harbor, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 138 Days | 22 Days | -84.1% |
Summary: Homes in Cold Spring Harbor had an average of 22 days on market in Apr 2024, down by 84.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cold Spring Harbor are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Cold Spring Harbor; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.