Is Saint James, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Saint James was a Buyer's Market.
Key Takeaway
Saint James is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint James, NY
How much do homes in Saint James, NY cost?
Median Sold Price
$585,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Saint James have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Saint James was $585,000 in April 2024, up 1.7% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $394.5K | +9.6% |
| 2 Bedrooms | $459.5K | $470K | +2.3% |
| 3 Bedrooms | $580K | $610K | +5.2% |
| 4 Bedrooms | $630K | $707.5K | +12.3% |
| 5+ Bedrooms | $1.1M | $864K | -26.5% |
Summary: Saint James housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 26.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Nesconset | $623.2K | $675K | +8.3% |
| Town of Brookhaven | $470.6K | $506.9K | +7.7% |
| Town of Smithtown | $645K | $684.3K | +6.1% |
| Stony Brook | $624K | $650K | +4.2% |
| Saint James | $575K | $585K | +1.7% |
Housing Supply in Saint James, NY
How many homes are available in Saint James, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 60 | +13.2% |
Summary: The Saint James real estate market had 60 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 11 | 19 | +72.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Saint James housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 72.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint James, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Saint James in April 2024, down by 15.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for Saint James, NY
How long does it take to sell a home in Saint James, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 47 Days | +18.8% |
Summary: Homes in Saint James had an average of 47 days on market in Apr 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Saint James are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Saint James; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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.