Is Pine Bush, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Bush is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Pine Bush was a Buyer's Market.

Key Takeaway

Pine Bush is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pine Bush, NY

How much do homes in Pine Bush, NY cost?

Median Sold Price

$390,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,000(+1.3%)

Key Takeaway

Homes in Pine Bush have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Pine Bush was $390,000 in March 2024, up 1.3% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $145.4K$250K
+71.8%
2 $254.9K$277.5K
+8.8%
3 $383.2K$390K
+1.8%
4 $503.8K$489K
-2.9%
5+ $475K$654.5K
+37.8%

Summary: Pine Bush housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 37.8%.

Median Sold Price Compared To Nearby Cities

Shawangunk
+9.3%
Pine Bush
+1.3%
Crawford
-3.9%
Ellenville
-5.7%

Housing Supply in Pine Bush, NY

How many homes are available in Pine Bush, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3940+2.6%

Summary: The Pine Bush real estate market had 40 homes for sale in March 2024, a 2.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 45
+25.0%
3 1815
-16.7%
4 1314
+7.7%
5+ 24
+100.0%

Summary: The Pine Bush 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 increased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Bush, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Pine Bush in March 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Pine Bush, NY

How long does it take to sell a home in Pine Bush, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
104 Days72 Days-30.4%

Summary: Homes in Pine Bush had an average of 72 days on market in Mar 2024, down by 30.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pine Bush has remained consistent over time.

Summary: During March 2024, 6 homes were sold in Pine Bush; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Pine Bush, NY

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