Is Plandome Heights, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plandome Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Plandome Heights has remained a Seller's Market.

Key Takeaway

Plandome Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Plandome Heights, NY cost?

Median Sold Price

$1,985,000

$566/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$765,000(-27.8%)

Key Takeaway

Homes in Plandome Heights have sold for 27.8% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 --
N/A
4 -$1.7M
N/A
5+ $2.7M$2.2M
-19.3%

Median Sold Price Compared To Nearby Cities

Plandome
-24.2%
Plandome Heights
-27.8%

How many homes are available in Plandome Heights, NY?

Number of Homes For Sale

Oct 2022Nov 2022%
440.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 22
0.0%
5+ 21
-50.0%

Number of Homes Sold

Oct 2022Nov 2022%
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plandome Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Oct 2022Nov 2022%
183 Days90 Days-50.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plandome Heights are selling fast, if you're buying plan to act quickly.

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

About Plandome Heights, NY

Plandome Heights, NY has 4 homes for sale to choose from. In November 2022, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $1,985,000. This housing market listing prices have changed between November 2021 and November 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 0%, prices of 4 bedrooms properties increased by 0%, 5 bedrooms properties prices decreased by 19.3%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 100% more available, 4 bedrooms homes did not move, volume of 5 bedrooms homes went down by 50%. In November 2022 more than 2 listings in Plandome Heights, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below.

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