Is Mayor's Heights / C.O.T.S., 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, Mayor's Heights / C.O.T.S. was a Buyer's Market.
Housing Prices in Mayor's Heights / C.O.T.S., NY
How much do homes in Mayor's Heights / C.O.T.S., NY cost?
Median Sold Price
$92,500
$53/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mayor's Heights / C.O.T.S. was $92,500 in March 2024, down 7% from last year, and the median price per square foot was $53.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $180K | N/A |
3 Bedrooms | $65K | $92.5K | +42.3% |
4 Bedrooms | $134K | $70.2K | -47.6% |
5+ Bedrooms | - | $132.6K | N/A |
Summary: Mayor's Heights / C.O.T.S. 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 did not change, 3 bedroom homes increased by 42.3%, 4 bedroom homes decreased by 47.6%, and 5+ bedroom homes did not change.
Housing Supply in Mayor's Heights / C.O.T.S., NY
How many homes are available in Mayor's Heights / C.O.T.S., NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Summary: The Mayor's Heights / C.O.T.S. real estate market had 6 homes for sale in March 2024, a 14.3% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 4 | 1 | -75.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mayor's Heights / C.O.T.S. 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 50%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Mayor's Heights / C.O.T.S. in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Mayor's Heights / C.O.T.S., NY
How long does it take to sell a home in Mayor's Heights / C.O.T.S., NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
3 Days | 8 Days | +183.3% |
Summary: Homes in Mayor's Heights / C.O.T.S. had an average of 8 days on market in Mar 2024, up by 183.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Mayor's Heights / C.O.T.S.; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.