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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laurelton is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Laurelton has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Laurelton, NY

How much do homes in Laurelton, NY cost?

Median Sold Price

$663,000

$483/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,710(+2.7%)

Key Takeaway

Homes in Laurelton have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Laurelton was $663,000 in October 2024, up 2.7% from last year, and the median price per square foot was $483.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$200K
+21.2%
2 $271K$379.5K
+40.0%
3 $635K$660K
+3.9%
4 $727.5K$670K
-7.9%
5+ $1.0M$807.5K
-22.4%

Summary: Laurelton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.2%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 22.4%.

Median Sold Price Compared To Nearby Neighborhoods

Rosedale
+8.0%
Saint Albans
+3.9%
Laurelton
+2.7%
Brookville
-0.7%
Springfield Gardens
-11.6%

Housing Supply in Laurelton, NY

How many homes are available in Laurelton, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4854+12.5%

Summary: The Laurelton real estate market had 54 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 45
+25.0%
3 1618
+12.5%
4 1516
+6.7%
5+ 1213
+8.3%

Summary: The Laurelton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laurelton, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Laurelton in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for Laurelton, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days50 Days+103.5%

Summary: Homes in Laurelton had an average of 50 days on market in Oct 2024, up by 103.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Laurelton; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Laurelton, NY

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