$10,000 Closing Credit*
$1,350,000
987 SqFt
1 Bed
•1 Full Bath, 1 Partial
#OLRS-1904869, Julio Garcia, Listing Office: Elegran LLC
Is East Williamsburg, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, East Williamsburg has remained a Buyer's Market.
Key Takeaway
East Williamsburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Williamsburg, NY
How much do homes in East Williamsburg, NY cost?
Median Sold Price
$924,000
$1,304/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$263,500(-22.2%)
Key Takeaway
Homes in East Williamsburg have sold for 22.2% less than they did a month ago.
Summary: The median home sold price in East Williamsburg was $924,000 in October 2024, down 22.2% from last month, and the median price per square foot was $1,304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $765K | $865K | +13.1% |
| 2 Bedrooms | $1.1M | $1.2M | +7.8% |
| 3 Bedrooms | - | $1.7M | N/A |
| 4 Bedrooms | $3.6M | - | N/A |
| 5+ Bedrooms | - | $1.9M | N/A |
Summary: East Williamsburg housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 7.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in East Williamsburg, NY
How many homes are available in East Williamsburg, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 97 | +1.0% |
Summary: The East Williamsburg real estate market had 97 homes for sale in October 2024, a 1.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 33 | -5.7% |
| 2 Bedrooms | 25 | 27 | +8.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The East Williamsburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.7%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
10 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Williamsburg, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in East Williamsburg in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 8% were sold under asking, 83% were sold at asking, and 8% were sold over asking.
Days on Market for East Williamsburg, NY
How long does it take to sell a home in East Williamsburg, NY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Williamsburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in East Williamsburg; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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