Is Eastwood, 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, Eastwood has remained a Seller's Market.
Key Takeaway
Eastwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastwood, NY
How much do homes in Eastwood, NY cost?
Median Sold Price
$167,500
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Eastwood have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Eastwood was $167,500 in April 2024, up 15.1% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93K | $125K | +34.4% |
| 2 Bedrooms | $125K | $126K | +0.8% |
| 3 Bedrooms | $151.9K | $162.7K | +7.1% |
| 4 Bedrooms | $160K | $174.2K | +8.9% |
| 5+ Bedrooms | $210K | $212.5K | +1.2% |
Summary: Eastwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 1.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Eastwood | $145.5K | $167.5K | +15.1% |
| Lyncourt | $156.2K | $170K | +8.8% |
| Eastside | $197.5K | $214K | +8.4% |
Housing Supply in Eastwood, NY
How many homes are available in Eastwood, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Eastwood real estate market had 33 homes for sale in April 2024, a 6.5% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Eastwood 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 16.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastwood, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Eastwood in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Eastwood, NY
How long does it take to sell a home in Eastwood, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 40 Days | -31.7% |
Summary: Homes in Eastwood had an average of 40 days on market in Apr 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Eastwood are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Eastwood; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
