$6,531 Closing Credit*
$550,000
3,362 SqFt
4 Beds
•3 Full Baths
Listing Office: Link NY Realty
Is Southeast, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Southeast has remained a Seller's Market.
Key Takeaway
Southeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southeast, NY
How much do homes in Southeast, NY cost?
Median Sold Price
$502,500
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$52,500(+11.7%)
Key Takeaway
Homes in Southeast have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Southeast was $502,500 in September 2024, up 11.7% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $330K | +15.8% |
| 2 Bedrooms | $360K | $380K | +5.6% |
| 3 Bedrooms | $477K | $557K | +16.8% |
| 4 Bedrooms | $644K | $709.5K | +10.2% |
| 5+ Bedrooms | $635K | $607.5K | -4.3% |
Summary: Southeast housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Brewster | $455K | $530K | +16.5% |
| Southeast | $450K | $502.5K | +11.7% |
| North Salem | $700K | $751.3K | +7.3% |
| Danbury | $420K | $443.8K | +5.7% |
| Patterson | $432.5K | $400K | -7.5% |
Housing Supply in Southeast, NY
How many homes are available in Southeast, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 88 | 91 | +3.4% |
Summary: The Southeast real estate market had 91 homes for sale in September 2024, a 3.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 21 | 19 | -9.5% |
| 3 Bedrooms | 26 | 31 | +19.2% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Southeast housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Southeast in September 2024, up by 11.8% month-over-month. Of the 19 sold homes, 32% were sold under asking, 16% were sold at asking, and 53% were sold over asking.
Days on Market for Southeast, NY
How long does it take to sell a home in Southeast, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 57 Days | 40 Days | -29.6% |
Summary: Homes in Southeast had an average of 40 days on market in Sep 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 19 homes were sold in Southeast; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% 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.