$10,000 Closing Credit*
$1,350,000
2,280 SqFt
6 Beds
•2 Full Baths
#487460, Listing Office: RE/MAX Real Estate Professiona
Is New Utrecht, 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, New Utrecht has remained a Buyer's Market.
Key Takeaway
New Utrecht is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Utrecht, NY
How much do homes in New Utrecht, NY cost?
Median Sold Price
$1,010,000
$602/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,000(+1.2%)
Key Takeaway
Homes in New Utrecht have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in New Utrecht was $1,010,000 in October 2024, up 1.2% from last year, and the median price per square foot was $602.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $340K | 0.0% |
| 2 Bedrooms | $579K | $570K | -1.6% |
| 3 Bedrooms | $995K | $1.0M | +9.0% |
| 4 Bedrooms | $1.2M | $1.2M | -2.0% |
| 5+ Bedrooms | $1.5M | $1.5M | +0.7% |
Summary: New Utrecht housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Dyker Heights | $1.2M | $1.2M | +4.1% |
| New Utrecht | $998K | $1.0M | +1.2% |
| Bay Ridge | $1.0M | $990K | -2.7% |
| Fort Hamilton | $550K | $507.5K | -7.7% |
Housing Supply in New Utrecht, NY
How many homes are available in New Utrecht, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 655 | 654 | -0.2% |
Summary: The New Utrecht real estate market had 654 homes for sale in October 2024, a 0.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 125 | 125 | 0.0% |
| 2 Bedrooms | 106 | 106 | 0.0% |
| 3 Bedrooms | 118 | 101 | -14.4% |
| 4 Bedrooms | 60 | 59 | -1.7% |
| 5+ Bedrooms | 246 | 263 | +6.9% |
Summary: The New Utrecht housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.4%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 67 | -6.9% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Utrecht, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in New Utrecht in October 2024, down by 6.9% month-over-month. Of the 67 sold homes, 52% were sold under asking, 28% were sold at asking, and 19% were sold over asking.
Days on Market for New Utrecht, NY
How long does it take to sell a home in New Utrecht, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 110 Days | 80 Days | -26.8% |
Summary: Homes in New Utrecht had an average of 80 days on market in Oct 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in New Utrecht has remained consistent over time.
Summary: During October 2024, 67 homes were sold in New Utrecht; 25% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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