Is Hillcrest, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hillcrest has remained a Buyer's Market.
Key Takeaway
Hillcrest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hillcrest, NY
How much do homes in Hillcrest, NY cost?
Median Sold Price
$998,000
$1,000/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Hillcrest have sold for 35% more than they did a month ago.
Summary: The median home sold price in Hillcrest was $998,000 in April 2024, up 35% from last month, and the median price per square foot was $1,000.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | - | N/A |
| 2 Bedrooms | $588K | - | N/A |
| 3 Bedrooms | $942.5K | $998K | +5.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hillcrest 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 increased by 5.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hillcrest, NY
How many homes are available in Hillcrest, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 45 | -2.2% |
Summary: The Hillcrest real estate market had 45 homes for sale in April 2024, a 2.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 22 | 19 | -13.6% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Hillcrest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hillcrest, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hillcrest in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Hillcrest, NY
How long does it take to sell a home in Hillcrest, NY?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 Days | 27 Days | -73.1% |
Summary: Homes in Hillcrest had an average of 27 days on market in Apr 2024, down by 73.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hillcrest are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Hillcrest; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.