Is Bellaire, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bellaire was a Seller's Market.
Housing Prices in Bellaire, NY
How much do homes in Bellaire, NY cost?
Median Sold Price
$660,000
$513/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bellaire was $660,000 in May 2024, down 4.3% from last year, and the median price per square foot was $513.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $200K | -23.1% |
2 Bedrooms | $280K | $303K | +8.2% |
3 Bedrooms | $710K | $740K | +4.2% |
4 Bedrooms | $822.5K | $775K | -5.8% |
5+ Bedrooms | $1.1M | $1.1M | +1.0% |
Summary: Bellaire housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Neighborhoods
Bellerose | $715K | $725K | +1.4% |
Oakland Gardens | $350K | $351.3K | 0.4% |
Bellerose Terrace | $635K | $630K | -0.8% |
Bellaire | $690K | $660K | -4.3% |
Queens Village | $763.5K | $657K | -13.9% |
Housing Supply in Bellaire, NY
How many homes are available in Bellaire, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 86 | +8.9% |
Summary: The Bellaire real estate market had 86 homes for sale in May 2024, a 8.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 27 | 30 | +11.1% |
3 Bedrooms | 25 | 27 | +8.0% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Bellaire 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 11.1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 10 | +150.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Bellaire in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bellaire, NY
How long does it take to sell a home in Bellaire, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
91 Days | 87 Days | -5.2% |
Summary: Homes in Bellaire had an average of 87 days on market in May 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Bellaire; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.