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 December 2021
Since last year, Oyster Bay Cove has remained a Buyer's Market.
Key Takeaway
Oyster Bay Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Oyster Bay Cove, NY cost?
Median Sold Price
$1,865,000
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Key Takeaway
Homes in Oyster Bay Cove have sold for 7.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.0M | - | N/A |
| 3 Bedrooms | $1.4M | $1.2M | -17.2% |
| 4 Bedrooms | $1.3M | $1.2M | -5.7% |
| 5+ Bedrooms | $1.8M | $2.1M | +13.5% |
Median Sold Price Compared To Nearby Cities
| Laurel Hollow | $1.6M | $1.7M | +8.7% |
| Oyster Bay Cove | $1.7M | $1.8M | +7.7% |
| Oyster Bay | $674.7K | $715K | +6.0% |
How many homes are available in Oyster Bay Cove, NY?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 29 | 34 | +17.2% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 25 | 29 | +16.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oyster Bay Cove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 43 Days | 123 Days | +182.8% |
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Oyster Bay Cove are taking a long time to sell, it's a good idea to negotiate on homes here.
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.