Is Shirley, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shirley is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Shirley was a Seller's Market.

Key Takeaway

Shirley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Shirley, NY

How much do homes in Shirley, NY cost?

Median Sold Price

$437,000

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,000(+5.3%)

Key Takeaway

Homes in Shirley have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Shirley was $437,000 in March 2024, up 5.3% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$355K
N/A
2 $330K$382.5K
+15.9%
3 $401.5K$428.2K
+6.7%
4 $454K$490K
+7.9%
5+ $462.5K$512.5K
+10.8%

Summary: Shirley 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 15.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Neighborhoods

Yaphank
+31.0%
Mastic Beach
+14.5%
Mastic
+10.1%
Town of Brookhaven
+6.4%
Shirley
+5.3%

Housing Supply in Shirley, NY

How many homes are available in Shirley, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
101119+17.8%

Summary: The Shirley real estate market had 119 homes for sale in March 2024, a 17.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1515
0.0%
3 4954
+10.2%
4 2837
+32.1%
5+ 912
+33.3%

Summary: The Shirley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shirley, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Shirley in March 2024, up by 7.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.

Days on Market for Shirley, NY

How long does it take to sell a home in Shirley, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
44 Days43 Days-1.8%

Summary: Homes in Shirley had an average of 43 days on market in Mar 2024, down by 1.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 15 homes were sold in Shirley; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% 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 24 Days Ago

Newest Listings in Shirley, NY

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