Is Turtle Bay, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Turtle Bay has remained a Buyer's Market.
Key Takeaway
Turtle Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Turtle Bay, NY
How much do homes in Turtle Bay, NY cost?
Median Sold Price
$1,050,000
$1,185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Turtle Bay have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Turtle Bay was $1,050,000 in April 2024, down 3.9% from last year, and the median price per square foot was $1,185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | $679K | -9.5% |
| 2 Bedrooms | $1.3M | $1.3M | +3.6% |
| 3 Bedrooms | $2.5M | $2.9M | +15.9% |
| 4 Bedrooms | $3.1M | $5.1M | +64.5% |
| 5+ Bedrooms | $4.1M | $6.4M | +56.1% |
Summary: Turtle Bay housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 64.5%, and 5+ bedroom homes increased by 56.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Midtown East | $1.0M | $1.1M | +3.5% |
| Sutton Place | $999.1K | $987.5K | -1.2% |
| Turtle Bay | $1.0M | $1.0M | -3.9% |
| Midtown Manhattan | $1.3M | $1.2M | -4.9% |
Housing Supply in Turtle Bay, NY
How many homes are available in Turtle Bay, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 226 | 226 | 0.0% |
Summary: The Turtle Bay real estate market had 226 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 73 | 68 | -6.8% |
| 2 Bedrooms | 84 | 87 | +3.6% |
| 3 Bedrooms | 41 | 41 | 0.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Turtle Bay housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.8%, 2 bedroom homes increased by 3.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Turtle Bay, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Turtle Bay in April 2024, the same as the previous month. Of the 15 sold homes, 13% were sold under asking, 80% were sold at asking, and 7% were sold over asking.
Days on Market for Turtle Bay, NY
We’re sorry, we don't have information for this market at the moment
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