Is Belle Harbor, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belle Harbor is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Belle Harbor was a Seller's Market.

Key Takeaway

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

Housing Prices in Belle Harbor, NY

How much do homes in Belle Harbor, NY cost?

Median Sold Price

$831,000

$562/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,000(+3.9%)

Key Takeaway

Homes in Belle Harbor have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Belle Harbor was $831,000 in November 2024, up 3.9% from last year, and the median price per square foot was $562.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $387.5K$293K
-24.4%
2 $498K$382.5K
-23.2%
3 $800K$875K
+9.4%
4 $835K$950K
+13.8%
5+ $999.9K$1.1M
+16.3%

Summary: Belle Harbor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.4%, 2 bedroom homes decreased by 23.2%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Neighborhoods

Rockaway Park
+8.5%
Belle Harbor
+3.9%
The Rockaways
-4.4%

Housing Supply in Belle Harbor, NY

How many homes are available in Belle Harbor, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4342-2.3%

Summary: The Belle Harbor real estate market had 42 homes for sale in November 2024, a 2.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 76
-14.3%
2 57
+40.0%
3 87
-12.5%
4 76
-14.3%
5+ 1616
0.0%

Summary: The Belle Harbor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were 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 Belle Harbor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Belle Harbor in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Belle Harbor, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
106 Days34 Days-67.6%

Summary: Homes in Belle Harbor had an average of 34 days on market in Nov 2024, down by 67.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belle Harbor are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Belle Harbor; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Belle Harbor, NY

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