$5,995,000
4 Beds
•5 Full Baths
Listing Office: Douglas Elliman Real Estate
October 2024
Report Updated 1 Day Ago
Is Shelter Island, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Shelter Island was a Buyer's Market.
How much do homes in Shelter Island, NY cost?
$2,162,500
$931/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in Shelter Island was $2,162,500 in October 2024, up 27.2% from last month, and the median price per square foot was $931.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $999.9K | - | N/A |
3 Bedrooms | $1.8M | $2.0M | +9.6% |
4 Bedrooms | - | $2.1M | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Shelter Island housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
How many homes are available in Shelter Island, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Summary: The Shelter Island real estate market had 24 homes for sale in October 2024, a 11.1% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Shelter Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Shelter Island in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Shelter Island, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
93 Days | 223 Days | +138.9% |
Summary: Homes in Shelter Island had an average of 223 days on market in Oct 2024, up by 138.9% compared to last month.
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During October 2024, 4 homes were sold in Shelter Island; 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.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 1 Day Ago
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MLS Disclaimers and Copyright
Based on information from OneKey MLS for the period 09/01/2024 - 11/01/2024
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
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Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/2/2024, 4:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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