Is Jay Orchard Street Area, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jay Orchard Street Area has remained a Buyer's Market.
Housing Prices in Jay Orchard Street Area, NY
How much do homes in Jay Orchard Street Area, NY cost?
Median Sold Price
$61,500
$41/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jay Orchard Street Area was $61,500 in March 2024, up 27.5% from last year, and the median price per square foot was $41.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | - | N/A |
2 Bedrooms | $46.5K | $83K | +78.5% |
3 Bedrooms | $52K | $52.5K | +1.0% |
4 Bedrooms | $48.5K | $67.5K | +39.2% |
5+ Bedrooms | $30.8K | $86.5K | +180.8% |
Summary: Jay Orchard Street Area housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 78.5%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes increased by 180.8%.
Median Sold Price Compared To Nearby Neighborhoods
Jay Orchard Street Area | $48.2K | $61.5K | +27.5% |
Lyell / Otis | $77.2K | $80.7K | +4.6% |
Housing Supply in Jay Orchard Street Area, NY
How many homes are available in Jay Orchard Street Area, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The Jay Orchard Street Area real estate market had 11 homes for sale in March 2024, a 15.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Jay Orchard Street Area 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 decreased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Jay Orchard Street Area in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jay Orchard Street Area, NY
How long does it take to sell a home in Jay Orchard Street Area, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 93 Days | +1228.6% |
Summary: Homes in Jay Orchard Street Area had an average of 93 days on market in Mar 2024, up by 1228.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Jay Orchard Street Area; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.