$10,000 Closing Credit*
$1,295,000
1,504 SqFt
4 Beds
•2 Full Baths
#487574, Listing Office: RE/MAX Real Estate Professiona
Is Bath Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bath Beach has remained a Buyer's Market.
Key Takeaway
Bath Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bath Beach, NY
How much do homes in Bath Beach, NY cost?
Median Sold Price
$630,000
$498/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$207,500(-24.8%)
Key Takeaway
Homes in Bath Beach have sold for 24.8% less than they did a year ago.
Summary: The median home sold price in Bath Beach was $630,000 in November 2024, down 24.8% from last year, and the median price per square foot was $498.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $322.5K | +11.2% |
| 2 Bedrooms | $442.5K | $430K | -2.8% |
| 3 Bedrooms | $750K | $870K | +16.0% |
| 4 Bedrooms | $971K | $1.0M | +7.9% |
| 5+ Bedrooms | $1.4M | $1.3M | -1.8% |
Summary: Bath Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Dyker Heights | $1.1M | $1.2M | +3.4% |
| New Utrecht | $993K | $1.0M | +2.2% |
| Gravesend | $850K | $855K | +0.6% |
| Bath Beach | $837.5K | $630K | -24.8% |
Housing Supply in Bath Beach, NY
How many homes are available in Bath Beach, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 162 | 161 | -0.6% |
Summary: The Bath Beach real estate market had 161 homes for sale in November 2024, a 0.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 24 | -4.0% |
| 2 Bedrooms | 53 | 50 | -5.7% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 41 | 42 | +2.4% |
Summary: The Bath Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 2.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bath Beach, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Bath Beach in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Bath Beach, NY
How long does it take to sell a home in Bath Beach, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 114 Days | 134 Days | +16.8% |
Summary: Homes in Bath Beach had an average of 134 days on market in Nov 2024, up by 16.8% 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
Key Takeaway
Most homes in Bath Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in Bath Beach; 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.
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