Is East Setauket, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, East Setauket was a Seller's Market.
Housing Prices in East Setauket, NY
How much do homes in East Setauket, NY cost?
Median Sold Price
$750,000
$326/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in East Setauket was $750,000 in June 2024, up 11.1% from last year, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $595K | $599.9K | +0.8% |
3 Bedrooms | $575K | $645K | +12.2% |
4 Bedrooms | $713K | $790K | +10.8% |
5+ Bedrooms | $985K | $999.9K | +1.5% |
Summary: East Setauket housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
Port Jefferson | $647.4K | $720K | +11.2% |
East Setauket | $675K | $750K | +11.1% |
Brookhaven | $474.3K | $523.1K | +10.3% |
Poquott | $925K | $710K | -23.2% |
Housing Supply in East Setauket, NY
How many homes are available in East Setauket, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
97 | 99 | +2.1% |
Summary: The East Setauket real estate market had 99 homes for sale in June 2024, a 2.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 42 | 39 | -7.1% |
5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The East Setauket housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in East Setauket in June 2024, the same as the previous month. Of the 16 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.
Days on Market for East Setauket, NY
How long does it take to sell a home in East Setauket, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
49 Days | 89 Days | +80.4% |
Summary: Homes in East Setauket had an average of 89 days on market in Jun 2024, up by 80.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 16 homes were sold in East Setauket; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.