Is Verona Beach, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Verona Beach is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Verona Beach has remained a Seller's Market.

Key Takeaway

Verona Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Verona Beach, NY

How much do homes in Verona Beach, NY cost?

Median Sold Price

$350,900

$178/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$295,900(+538.0%)

Key Takeaway

Homes in Verona Beach have sold for 538% more than they did a month ago.

Summary: The median home sold price in Verona Beach was $350,900 in March 2024, up 538% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$350.9K
N/A
3 $55K-
N/A
4 --
N/A
5+ --
N/A

Summary: Verona Beach housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Verona Beach
+538.0%
Verona
+373.1%

Housing Supply in Verona Beach, NY

How many homes are available in Verona Beach, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
21-50.0%

Summary: The Verona Beach real estate market had 1 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 10
-100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Verona Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Verona Beach, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Verona Beach in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Verona Beach, NY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
19 Days6 Days-68.4%

Summary: Homes in Verona Beach had an average of 6 days on market in Mar 2024, down by 68.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Verona Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

Newest Listings in Verona Beach, NY