Is Sands Point, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sands Point is a neutral's market

Buyer's
Market

Difference Since September 2021

Since last year, Sands Point has remained a Neutral Market.

Key Takeaway

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

How much do homes in Sands Point, NY cost?

Median Sold Price

$2,625,000

$542/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$50,000(-1.9%)

Key Takeaway

Homes in Sands Point have sold for 1.9% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 --
N/A
3 $1.2M$1.5M
+29.6%
4 $2.1M$2.0M
-6.4%
5+ $3.0M$3.1M
+4.2%

Median Sold Price Compared To Nearby Cities

Manorhaven
+6.6%
North Hempstead
+3.0%
Sands Point
-1.9%

How many homes are available in Sands Point, NY?

Number of Homes For Sale

Aug 2022Sep 2022%
3937-5.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 1412
-14.3%
5+ 2224
+9.1%

Number of Homes Sold

Aug 2022Sep 2022%
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sands Point, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
36 Days59 Days+63.9%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sands Point 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 Sands Point, NY

Homes for sale in Sands Point, NY have reached 37. The number of homes for sale in Sands Point, NY decreased by 5.1% between August 2022 and September 2022. While the average time on the market in September 2022 was 59 days, the median list price was $2,625,000. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 0%, the cost of 3 bedrooms properties went up by 29.6%, 4 bedrooms properties prices decreased by 6.4%, prices of 5 bedrooms properties went up by 4.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes inventory decreased by 66.7%, the quantity of 4 bedrooms homes went down by 14.3%, number of 5 bedrooms homes increased by 9.1%. While more than 3 listings in Sands Point, NY in September 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

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