Is East Shore, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, East Shore has remained a Neutral Market.
Key Takeaway
East Shore is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Shore, NY
How much do homes in East Shore, NY cost?
Median Sold Price
$655,000
$441/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Shore have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in East Shore was $655,000 in March 2024, down 1.3% from last year, and the median price per square foot was $441.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $272.4K | -4.4% |
| 2 Bedrooms | $450K | $466.5K | +3.7% |
| 3 Bedrooms | $660K | $639K | -3.2% |
| 4 Bedrooms | $779.5K | $795K | +2.0% |
| 5+ Bedrooms | $890K | $989K | +11.1% |
Summary: East Shore housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in East Shore, NY
How many homes are available in East Shore, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 120 | 125 | +4.2% |
Summary: The East Shore real estate market had 125 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 21 | 22 | +4.8% |
| 3 Bedrooms | 49 | 57 | +16.3% |
| 4 Bedrooms | 28 | 22 | -21.4% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The East Shore housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Shore, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in East Shore in March 2024, up by 18.8% month-over-month. Of the 19 sold homes, 79% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for East Shore, NY
How long does it take to sell a home in East Shore, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 119 Days | 78 Days | -34.1% |
Summary: Homes in East Shore had an average of 78 days on market in Mar 2024, down by 34.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Shore are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 19 homes were sold in East Shore; 26% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
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