Is New Cassel, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, New Cassel was a Buyer's Market.
Key Takeaway
New Cassel is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Cassel, NY
How much do homes in New Cassel, NY cost?
Median Sold Price
$599,999
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in New Cassel have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in New Cassel was $599,999 in April 2024, up 9.2% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410.2K | - | N/A |
| 3 Bedrooms | $549K | $580K | +5.6% |
| 4 Bedrooms | $552.5K | $580K | +5.0% |
| 5+ Bedrooms | $560K | $635K | +13.4% |
Summary: New Cassel housing prices by bedroom type for April 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 5.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Jericho | $998K | $1.1M | +13.2% |
| New Cassel | $549.5K | $599.9K | +9.2% |
| Salisbury | $650K | $707.5K | +8.8% |
| Hicksville | $639.5K | $675.3K | +5.6% |
| Town of Oyster Bay | $728.4K | $768K | +5.4% |
Housing Supply in New Cassel, NY
How many homes are available in New Cassel, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The New Cassel real estate market had 37 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The New Cassel 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 increased by 100%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Cassel, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in New Cassel in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for New Cassel, NY
How long does it take to sell a home in New Cassel, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 77 Days | 26 Days | -66.4% |
Summary: Homes in New Cassel had an average of 26 days on market in Apr 2024, down by 66.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Cassel are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in New Cassel; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.