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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holbrook is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Holbrook, NY

How much do homes in Holbrook, NY cost?

Median Sold Price

$607,500

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$62,500(+11.5%)

Key Takeaway

Homes in Holbrook have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Holbrook was $607,500 in November 2024, up 11.5% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $350K-
N/A
2 $390K$447.5K
+14.7%
3 $530K$585K
+10.4%
4 $586.2K$645K
+10.0%
5+ $600.4K$630K
+4.9%

Summary: Holbrook housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Neighborhoods

Holtsville
+15.5%
North Patchogue
+15.2%
Holbrook
+11.5%
Lake Ronkonkoma
+9.2%
Ronkonkoma
+4.2%

Housing Supply in Holbrook, NY

How many homes are available in Holbrook, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6866-2.9%

Summary: The Holbrook real estate market had 66 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 2928
-3.4%
4 2324
+4.3%
5+ 77
0.0%

Summary: The Holbrook housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holbrook, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Holbrook in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.

Days on Market for Holbrook, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days28 Days+9.0%

Summary: Homes in Holbrook had an average of 28 days on market in Nov 2024, up by 9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Holbrook; 56% of homes were sold within 30 days, 44% 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 18 Days Ago

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