Is Two Bridges, 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, Two Bridges has remained a Buyer's Market.
Key Takeaway
Two Bridges is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Two Bridges, NY
How much do homes in Two Bridges, NY cost?
Median Sold Price
$1,260,000
$1,940/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Two Bridges have sold for 20% more than they did a year ago.
Summary: The median home sold price in Two Bridges was $1,260,000 in April 2024, up 20% from last year, and the median price per square foot was $1,940.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $892.5K | $1.2M | +37.0% |
| 2 Bedrooms | $1.0M | $1.8M | +72.9% |
| 3 Bedrooms | $3.5M | $1.3M | -61.9% |
| 4 Bedrooms | $2.1M | $1.2M | -40.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Two Bridges housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37%, 2 bedroom homes increased by 72.9%, 3 bedroom homes decreased by 61.9%, 4 bedroom homes decreased by 40.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Two Bridges | $1.0M | $1.2M | +20.0% |
| Chinatown | $3.4M | $3.1M | -7.4% |
| Lower East Side | $1.2M | $1.0M | -15.3% |
Housing Supply in Two Bridges, NY
How many homes are available in Two Bridges, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 64 | 62 | -3.1% |
Summary: The Two Bridges real estate market had 62 homes for sale in April 2024, a 3.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 29 | -3.3% |
| 2 Bedrooms | 22 | 21 | -4.5% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Two Bridges housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Two Bridges, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Two Bridges in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Two Bridges, NY
How long does it take to sell a home in Two Bridges, NY?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Two Bridges has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Two Bridges; 0% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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