Is Bellerose, 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, Bellerose has remained a Buyer's Market.
Housing Prices in Bellerose, NY
How much do homes in Bellerose, NY cost?
Median Sold Price
$707,500
$489/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Bellerose was $707,500 in April 2024, the same as last year, and the median price per square foot was $489.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $239.5K | $241.7K | +0.9% |
2 Bedrooms | $350K | $399K | +14.0% |
3 Bedrooms | $710K | $725K | +2.1% |
4 Bedrooms | $820K | $832.5K | +1.5% |
5+ Bedrooms | $965K | $1.0M | +5.9% |
Summary: Bellerose housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Bellerose | $707.5K | $707.5K | 0.0% |
New York | $851.6K | $849.1K | -0.3% |
Queens | $693.7K | $689.9K | -0.5% |
Bellerose | $703.5K | $697K | -0.9% |
Floral Park | $697.2K | $678.3K | -2.7% |
Housing Supply in Bellerose, NY
How many homes are available in Bellerose, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 78 | +9.9% |
Summary: The Bellerose real estate market had 78 homes for sale in April 2024, a 9.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 13 | +8.3% |
2 Bedrooms | 15 | 12 | -20.0% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Bellerose housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Bellerose in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Bellerose, NY
How long does it take to sell a home in Bellerose, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 89 Days | +9.3% |
Summary: Homes in Bellerose had an average of 89 days on market in Apr 2024, up by 9.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Bellerose; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.