$5,850,000
7,560 SqFt
7 Beds
•7 Full Baths, 1 Partial
Listing Office: Douglas Elliman Real Estate
Is North Sea, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Sea was a Neutral Market.
Key Takeaway
North Sea is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Sea, NY
How much do homes in North Sea, NY cost?
Median Sold Price
$1,179,000
$698/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$79,000(+7.2%)
Key Takeaway
Homes in North Sea have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in North Sea was $1,179,000 in October 2024, up 7.2% from last year, and the median price per square foot was $698.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | - | N/A |
| 2 Bedrooms | $960K | $685K | -28.6% |
| 3 Bedrooms | $1.0M | $1.1M | +12.9% |
| 4 Bedrooms | $2.6M | $1.0M | -62.3% |
| 5+ Bedrooms | $1.4M | $5.1M | +246.9% |
Summary: North Sea 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 28.6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 62.3%, and 5+ bedroom homes increased by 246.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Town of Southampton | $1.0M | $1.1M | +11.2% |
| North Sea | $1.1M | $1.1M | +7.2% |
Housing Supply in North Sea, NY
How many homes are available in North Sea, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 46 | +7.0% |
Summary: The North Sea real estate market had 46 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The North Sea 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 remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Sea, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in North Sea in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Sea, NY
How long does it take to sell a home in North Sea, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 133 Days | 209 Days | +57.1% |
Summary: Homes in North Sea had an average of 209 days on market in Oct 2024, up by 57.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in North Sea are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in North Sea; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally