Is Douglaston, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Douglaston has remained a Buyer's Market.
Housing Prices in Douglaston, NY
How much do homes in Douglaston, NY cost?
Median Sold Price
$390,000
$393/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Douglaston was $390,000 in February 2024, down 5.5% from last year, and the median price per square foot was $393.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $240K | 0.0% |
2 Bedrooms | $372.5K | $340K | -8.7% |
3 Bedrooms | $830K | $834.4K | 0.5% |
4 Bedrooms | $1.0M | $988K | -2.8% |
5+ Bedrooms | $1.3M | $1.6M | +26.0% |
Summary: Douglaston housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 26%.
Housing Supply in Douglaston, NY
How many homes are available in Douglaston, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
113 | 117 | +3.5% |
Summary: The Douglaston real estate market had 117 homes for sale in February 2024, a 3.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 40 | 43 | +7.5% |
2 Bedrooms | 30 | 34 | +13.3% |
3 Bedrooms | 26 | 25 | -3.8% |
4 Bedrooms | 12 | 10 | -16.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Douglaston housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Douglaston in February 2024, down by 14.3% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Douglaston, NY
How long does it take to sell a home in Douglaston, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
84 Days | 91 Days | +8.0% |
Summary: Homes in Douglaston had an average of 91 days on market in Feb 2024, up by 8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 12 homes were sold in Douglaston; 25% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.