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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglaston is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Douglaston was a Neutral Market.

Key Takeaway

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

Housing Prices in Douglaston, NY

How much do homes in Douglaston, NY cost?

Median Sold Price

$385,500

$408/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,000(-3.0%)

Key Takeaway

Homes in Douglaston have sold for 3% less than they did a year ago.

Summary: The median home sold price in Douglaston was $385,500 in November 2024, down 3% from last year, and the median price per square foot was $408.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$247.5K
+5.3%
2 $340K$385K
+13.2%
3 $839.4K$861K
+2.6%
4 $960K$1.1M
+17.7%
5+ $1.3M$1.6M
+20.5%

Summary: Douglaston housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 20.5%.

Median Sold Price Compared To Nearby Neighborhoods

Bayside
+72.8%
Little Neck
+14.5%
Bellaire
+9.8%
Douglaston
-3.0%
Glen Oaks
-5.3%

Housing Supply in Douglaston, NY

How many homes are available in Douglaston, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120112-6.7%

Summary: The Douglaston real estate market had 112 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4240
-4.8%
2 2217
-22.7%
3 1922
+15.8%
4 1816
-11.1%
5+ 1917
-10.5%

Summary: The Douglaston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglaston, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Douglaston in November 2024, down by 30.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.

Days on Market for Douglaston, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
64 Days58 Days-8.1%

Summary: Homes in Douglaston had an average of 58 days on market in Nov 2024, down by 8.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Douglaston; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% 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 21 Days Ago

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