Is Lido Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lido Beach has remained a Buyer's Market.
Housing Prices in Lido Beach, NY
How much do homes in Lido Beach, NY cost?
Median Sold Price
$955,000
$426/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lido Beach was $955,000 in April 2024, down 2.6% from last year, and the median price per square foot was $426.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $429.8K | $441K | +2.6% |
2 Bedrooms | $862.5K | $522.4K | -39.4% |
3 Bedrooms | $800K | $1.7M | +118.8% |
4 Bedrooms | $999.9K | $1.0M | +9.2% |
5+ Bedrooms | $1.3M | $1.1M | -15.1% |
Summary: Lido Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 39.4%, 3 bedroom homes increased by 118.8%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 15.1%.
Median Sold Price Compared To Nearby Neighborhoods
City of Long Beach | $666.3K | $650.1K | -2.4% |
Lido Beach | $980K | $955K | -2.6% |
Housing Supply in Lido Beach, NY
How many homes are available in Lido Beach, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 33 | +13.8% |
Summary: The Lido Beach real estate market had 33 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 3 | 6 | +100.0% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Lido Beach 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 100%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lido Beach in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lido Beach, NY
How long does it take to sell a home in Lido Beach, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 175 Days | +170.0% |
Summary: Homes in Lido Beach had an average of 175 days on market in Apr 2024, up by 170% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lido Beach; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.