Is Saint Albans, 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, Saint Albans was a Seller's Market.
Key Takeaway
Saint Albans is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saint Albans, NY
How much do homes in Saint Albans, NY cost?
Median Sold Price
$677,000
$428/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Saint Albans have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Saint Albans was $677,000 in May 2024, up 4.2% from last year, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $420K | N/A |
| 2 Bedrooms | $550K | $612.5K | +11.4% |
| 3 Bedrooms | $617.5K | $625K | +1.2% |
| 4 Bedrooms | $660K | $730K | +10.6% |
| 5+ Bedrooms | $860K | $910K | +5.8% |
Summary: Saint Albans housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Hollis | $685K | $750K | +9.5% |
| Saint Albans | $649.5K | $677K | +4.2% |
| Cambria Heights | $662.5K | $685K | +3.4% |
| Southeastern Queens | $649.5K | $669.9K | +3.1% |
Housing Supply in Saint Albans, NY
How many homes are available in Saint Albans, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 121 | 136 | +12.4% |
Summary: The Saint Albans real estate market had 136 homes for sale in May 2024, a 12.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 58 | 63 | +8.6% |
| 4 Bedrooms | 30 | 36 | +20.0% |
| 5+ Bedrooms | 28 | 31 | +10.7% |
Summary: The Saint Albans 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 25%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 10.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Albans, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Saint Albans in May 2024, down by 16.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Saint Albans, NY
How long does it take to sell a home in Saint Albans, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 82 Days | 37 Days | -54.5% |
Summary: Homes in Saint Albans had an average of 37 days on market in May 2024, down by 54.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Saint Albans are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Saint Albans; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.