Is Beechhurst, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Beechhurst has remained a Buyer's Market.
Housing Prices in Beechhurst, NY
How much do homes in Beechhurst, NY cost?
Median Sold Price
$479,888
$488/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Beechhurst was $479,888 in May 2024, down 32.8% from last year, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $327.5K | $354.5K | +8.2% |
2 Bedrooms | $478.8K | $438K | -8.5% |
3 Bedrooms | $925K | $646.5K | -30.1% |
4 Bedrooms | $1.5M | $1.5M | +0.8% |
5+ Bedrooms | $1.2M | $1.5M | +26.2% |
Summary: Beechhurst housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 30.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 26.2%.
Median Sold Price Compared To Nearby Neighborhoods
Northeastern Queens | $730.7K | $722.2K | -1.2% |
Whitestone | $940K | $905K | -3.7% |
Bay Terrace | $594.5K | $562.5K | -5.4% |
Beechhurst | $713.7K | $479.8K | -32.8% |
Housing Supply in Beechhurst, NY
How many homes are available in Beechhurst, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 86 | +4.9% |
Summary: The Beechhurst real estate market had 86 homes for sale in May 2024, a 4.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 19 | 0.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Beechhurst housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Beechhurst in May 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Beechhurst, NY
How long does it take to sell a home in Beechhurst, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
84 Days | 110 Days | +31.4% |
Summary: Homes in Beechhurst had an average of 110 days on market in May 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Beechhurst; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.