Is Halesite, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Halesite is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Halesite was a Neutral Market.

Key Takeaway

Halesite is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Halesite, NY

How much do homes in Halesite, NY cost?

Median Sold Price

$714,500

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$258,000(-26.5%)

Key Takeaway

Homes in Halesite have sold for 26.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $775K$649K
-16.3%
4 $1.1M$780K
-33.3%
5+ --
N/A

Summary: Halesite housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes did not change.

Housing Supply in Halesite, NY

How many homes are available in Halesite, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1320+53.8%

Summary: The Halesite real estate market had 20 homes for sale in April 2024, a 53.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 69
+50.0%
4 58
+60.0%
5+ 12
+100.0%

Summary: The Halesite 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Halesite, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Halesite in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Halesite, NY

How long does it take to sell a home in Halesite, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days9 Days-28.0%

Summary: Homes in Halesite had an average of 9 days on market in Apr 2024, down by 28% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Halesite are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Halesite; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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