Is Remsenburg, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Remsenburg was a Seller's Market.
Key Takeaway
Remsenburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Remsenburg, NY
How much do homes in Remsenburg, NY cost?
Median Sold Price
$1,715,000
$639/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Remsenburg have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Remsenburg was $1,715,000 in March 2024, up 8.5% from last year, and the median price per square foot was $639.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | - | N/A |
| 2 Bedrooms | $350K | $835K | +138.6% |
| 3 Bedrooms | $965K | $1.4M | +45.9% |
| 4 Bedrooms | $1.6M | $1.4M | -8.0% |
| 5+ Bedrooms | $2.6M | $3.4M | +28.3% |
Summary: Remsenburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 138.6%, 3 bedroom homes increased by 45.9%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 28.3%.
Housing Supply in Remsenburg, NY
How many homes are available in Remsenburg, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 31 | +19.2% |
Summary: The Remsenburg real estate market had 31 homes for sale in March 2024, a 19.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Remsenburg 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 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 Remsenburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Remsenburg in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Remsenburg, NY
How long does it take to sell a home in Remsenburg, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 157 Days | 396 Days | +151.8% |
Summary: Homes in Remsenburg had an average of 396 days on market in Mar 2024, up by 151.8% compared to last year.
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 Remsenburg are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Remsenburg; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.