Is Mastic, 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, Mastic was a Seller's Market.
Housing Prices in Mastic, NY
How much do homes in Mastic, NY cost?
Median Sold Price
$445,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mastic was $445,000 in March 2024, up 10.1% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $271K | +15.3% |
2 Bedrooms | $309K | $350K | +13.3% |
3 Bedrooms | $395K | $442.2K | +12.0% |
4 Bedrooms | $456.5K | $485K | +6.2% |
5+ Bedrooms | $450K | $507.5K | +12.8% |
Summary: Mastic housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Neighborhoods
Mastic Beach | $340.5K | $389.9K | +14.5% |
Mastic | $404K | $445K | +10.1% |
Moriches | $500K | $540K | +8.0% |
Shirley | $415K | $437K | +5.3% |
Housing Supply in Mastic, NY
How many homes are available in Mastic, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 62 | -6.1% |
Summary: The Mastic real estate market had 62 homes for sale in March 2024, a 6.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 37 | 34 | -8.1% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Mastic housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Mastic in March 2024, down by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Mastic, NY
How long does it take to sell a home in Mastic, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 27 Days | -34.9% |
Summary: Homes in Mastic had an average of 27 days on market in Mar 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Mastic; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.