Is Holbrook, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Holbrook was a Seller's Market.
Housing Prices in Holbrook, NY
How much do homes in Holbrook, NY cost?
Median Sold Price
$570,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Holbrook was $570,000 in April 2024, up 5.6% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | - | N/A |
2 Bedrooms | $380K | $415K | +9.2% |
3 Bedrooms | $505K | $536K | +6.1% |
4 Bedrooms | $600K | $615K | +2.5% |
5+ Bedrooms | $592.5K | $612.5K | +3.4% |
Summary: Holbrook housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Neighborhoods
North Patchogue | $450K | $520K | +15.6% |
Holtsville | $500K | $545K | +9.0% |
Lake Ronkonkoma | $525K | $560K | +6.7% |
Holbrook | $540K | $570K | +5.6% |
Ronkonkoma | $515K | $530K | +2.9% |
Housing Supply in Holbrook, NY
How many homes are available in Holbrook, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 71 | +18.3% |
Summary: The Holbrook real estate market had 71 homes for sale in April 2024, a 18.3% 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 | 7 | 13 | +85.7% |
3 Bedrooms | 27 | 26 | -3.7% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Holbrook 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 85.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Holbrook in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% were sold over asking.
Days on Market for Holbrook, NY
How long does it take to sell a home in Holbrook, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 36 Days | -43.9% |
Summary: Homes in Holbrook had an average of 36 days on market in Apr 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Holbrook; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.