Is Matinecock, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Matinecock is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Matinecock has remained a Buyer's Market.

Key Takeaway

Matinecock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Matinecock, NY

How much do homes in Matinecock, NY cost?

Median Sold Price

$6,500,000

$506/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$5,472,000(+532.3%)

Key Takeaway

Homes in Matinecock have sold for 532.3% more than they did a month ago.

Summary: The median home sold price in Matinecock was $6,500,000 in April 2024, up 532.3% from last month, and the median price per square foot was $506.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.0M-
N/A
5+ -$6.5M
N/A

Summary: Matinecock housing prices by bedroom type for April 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.

Housing Supply in Matinecock, NY

How many homes are available in Matinecock, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1315+15.4%

Summary: The Matinecock real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 10
-100.0%
5+ 1114
+27.3%

Summary: The Matinecock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Matinecock, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Matinecock, NY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
104 Days305 Days+193.3%

Summary: Homes in Matinecock had an average of 305 days on market in Apr 2024, up by 193.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Matinecock are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Matinecock; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

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