Is Oyster Bay Cove, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Oyster Bay Cove was a Buyer's Market.
Housing Prices in Oyster Bay Cove, NY
How much do homes in Oyster Bay Cove, NY cost?
Median Sold Price
$2,000,000
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Oyster Bay Cove was $2,000,000 in February 2024, up 11.7% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $1.1M | - | N/A |
4 Bedrooms | $1.1M | $1.4M | +18.8% |
5+ Bedrooms | $2.1M | $2.2M | +6.0% |
Summary: Oyster Bay Cove housing prices by bedroom type for February 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 did not change, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Oyster Bay Cove | $1.7M | $2.0M | +11.7% |
Laurel Hollow | $1.6M | $1.7M | +6.0% |
Oyster Bay | $721.4K | $760.4K | +5.4% |
Housing Supply in Oyster Bay Cove, NY
How many homes are available in Oyster Bay Cove, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Summary: The Oyster Bay Cove real estate market had 13 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Oyster Bay Cove housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
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 Oyster Bay Cove in February 2024, up by 100.0% 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 Oyster Bay Cove, NY
How long does it take to sell a home in Oyster Bay Cove, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
47 Days | 35 Days | -26.3% |
Summary: Homes in Oyster Bay Cove had an average of 35 days on market in Feb 2024, down by 26.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Oyster Bay Cove; 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.