Is Greenport West, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Greenport West was a Seller's Market.
Housing Prices in Greenport West, NY
How much do homes in Greenport West, NY cost?
Median Sold Price
$908,000
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Greenport West was $908,000 in March 2024, up 2.6% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $337.5K | $250K | -25.9% |
2 Bedrooms | $545K | $629K | +15.4% |
3 Bedrooms | $905K | $890K | -1.7% |
4 Bedrooms | $1.4M | $1.1M | -19.8% |
5+ Bedrooms | $2.1M | $1.9M | -8.2% |
Summary: Greenport West housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 8.2%.
Median Sold Price Compared To Nearby Neighborhoods
East Marion | $964.5K | $1.1M | +15.5% |
Greenport West | $885K | $908K | +2.6% |
Housing Supply in Greenport West, NY
How many homes are available in Greenport West, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Summary: The Greenport West real estate market had 21 homes for sale in March 2024, a 23.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Greenport West housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Greenport West in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Greenport West, NY
How long does it take to sell a home in Greenport West, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
119 Days | 182 Days | +52.3% |
Summary: Homes in Greenport West had an average of 182 days on market in Mar 2024, up by 52.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Greenport West; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.