Is Laurelton, 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, Laurelton was a Seller's Market.
Housing Prices in Laurelton, NY
How much do homes in Laurelton, NY cost?
Median Sold Price
$630,000
$451/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Laurelton was $630,000 in March 2024, down 0.8% from last year, and the median price per square foot was $451.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $182.5K | +2.5% |
2 Bedrooms | $537K | $500K | -6.9% |
3 Bedrooms | $635K | $620K | -2.4% |
4 Bedrooms | $675K | $677.2K | 0.3% |
5+ Bedrooms | $1.0M | $825K | -19.1% |
Summary: Laurelton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 19.1%.
Median Sold Price Compared To Nearby Neighborhoods
Saint Albans | $650K | $662.5K | +1.9% |
Springfield Gardens | $770K | $782.5K | +1.6% |
Brookville | $675K | $685K | +1.5% |
Rosedale | $668K | $672.5K | +0.7% |
Laurelton | $635K | $630K | -0.8% |
Housing Supply in Laurelton, NY
How many homes are available in Laurelton, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 59 | +13.5% |
Summary: The Laurelton real estate market had 59 homes for sale in March 2024, a 13.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Laurelton 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 23.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 9 | +350.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Laurelton in March 2024, up by 350.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for Laurelton, NY
How long does it take to sell a home in Laurelton, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 56 Days | +14.3% |
Summary: Homes in Laurelton had an average of 56 days on market in Mar 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Laurelton; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.