$949,000
800 SqFt
1 Bed
•1 Full Bath
#RPLU-63222719703, Jeremy Bolger, Listing Office: Brown Harris Stevens Residential Sales LLC
October 2024
Report Updated 21 Days Ago
Is Lower East Side, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lower East Side has remained a Buyer's Market.
How much do homes in Lower East Side, NY cost?
$925,000
$1,132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Lower East Side was $925,000 in October 2024, down 24.2% from last year, and the median price per square foot was $1,132.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $977K | $650K | -33.5% |
2 Bedrooms | $1.6M | $1.0M | -36.4% |
3 Bedrooms | $3.3M | $2.5M | -25.1% |
4 Bedrooms | $1.9M | - | N/A |
5+ Bedrooms | - | $1.3M | N/A |
Summary: Lower East Side housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.5%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes decreased by 25.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Two Bridges | $1.1M | $1.1M | -2.6% |
Cooperative Village | $810K | $764K | -5.7% |
Lower East Side | $1.2M | $925K | -24.2% |
How many homes are available in Lower East Side, NY?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
58 | 62 | +6.9% |
Summary: The Lower East Side real estate market had 62 homes for sale in October 2024, a 6.9% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 24 | 27 | +12.5% |
2 Bedrooms | 25 | 27 | +8.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lower East Side housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lower East Side in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
How long does it take to sell a home in Lower East Side, NY?
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 4 homes were sold in Lower East Side; 0% of homes were sold within 30 days, 25% 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 21 Days Ago
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Based on information from Real Estate Board of New York, and OneKey MLS for the period 11/01/2022 - 11/01/2024
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
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This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/22/2024, 8:11:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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