$5,213 Closing Credit*
$439,000
1,540 SqFt
2 Beds
•3 Full Baths
Listing Office: Havens Real Estate
Is North East, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North East has remained a Buyer's Market.
Key Takeaway
North East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North East, NY
How much do homes in North East, NY cost?
Median Sold Price
$447,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,500(+1.0%)
Key Takeaway
Homes in North East have sold for 1% more than they did a year ago.
Summary: The median home sold price in North East was $447,000 in November 2024, up 1% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $165K | -21.4% |
| 2 Bedrooms | $290K | $490K | +69.0% |
| 3 Bedrooms | $350K | $447K | +27.7% |
| 4 Bedrooms | $545K | $515K | -5.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: North East housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 69%, 3 bedroom homes increased by 27.7%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Salisbury | $896K | $925K | +3.2% |
| North East | $442.5K | $447K | +1.0% |
| Lakeville | $896K | $882.5K | -1.5% |
| Millerton | $435K | $400K | -8.0% |
Housing Supply in North East, NY
How many homes are available in North East, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The North East real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The North East 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North East, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in North East in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for North East, NY
How long does it take to sell a home in North East, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 9 Days | +28.6% |
Summary: Homes in North East had an average of 9 days on market in Nov 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North East are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in North East; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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