$5,995,000
5,400 SqFt
7 Beds
•6 Full Baths, 2 Partial
Listing Office: Douglas Elliman Real Estate
Is Northwest Harbor, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Northwest Harbor has remained a Buyer's Market.
Key Takeaway
Northwest Harbor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northwest Harbor, NY
How much do homes in Northwest Harbor, NY cost?
Median Sold Price
$1,895,000
$855/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$35,000(+1.9%)
Key Takeaway
Homes in Northwest Harbor have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Northwest Harbor was $1,895,000 in September 2024, up 1.9% from last year, and the median price per square foot was $855.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.5M | N/A |
| 3 Bedrooms | $1.3M | $1.2M | -11.1% |
| 4 Bedrooms | $2.1M | $2.9M | +36.5% |
| 5+ Bedrooms | $2.8M | $3.3M | +19.5% |
Summary: Northwest Harbor housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes increased by 19.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Springs | $1.1M | $1.3M | +15.9% |
| Northwest Harbor | $1.8M | $1.8M | +1.9% |
Housing Supply in Northwest Harbor, NY
How many homes are available in Northwest Harbor, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The Northwest Harbor real estate market had 28 homes for sale in September 2024, a 16.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Northwest Harbor housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Harbor, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Northwest Harbor in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Northwest Harbor, NY
How long does it take to sell a home in Northwest Harbor, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 32 Days | 106 Days | +232.8% |
Summary: Homes in Northwest Harbor had an average of 106 days on market in Sep 2024, up by 232.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northwest Harbor are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Northwest Harbor; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.