$3,249,000
2,822 SqFt
4 Beds
•4 Full Baths
Listing Office: Compass Greater NY LLC
Is Northwest Harbor, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Northwest Harbor was a Seller's Market.
Key Takeaway
Northwest Harbor is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Northwest Harbor, NY
How much do homes in Northwest Harbor, NY cost?
Median Sold Price
$1,755,000
$801/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$247,000(-12.3%)
Key Takeaway
Homes in Northwest Harbor have sold for 12.3% less than they did a year ago.
Summary: The median home sold price in Northwest Harbor was $1,755,000 in December 2024, down 12.3% from last year, and the median price per square foot was $801.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.5M | - | N/A |
| 3 Bedrooms | $1.3M | $1.3M | +0.9% |
| 4 Bedrooms | $1.9M | $2.3M | +20.5% |
| 5+ Bedrooms | $3.1M | $3.2M | +3.1% |
Summary: Northwest Harbor housing prices by bedroom type for December 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 increased by 0.9%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Springs | $1.1M | $1.4M | +27.1% |
| Northwest Harbor | $2.0M | $1.7M | -12.3% |
Housing Supply in Northwest Harbor, NY
How many homes are available in Northwest Harbor, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Summary: The Northwest Harbor real estate market had 27 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Northwest Harbor housing inventory by bedroom type for December 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 25%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 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 Northwest Harbor, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Northwest Harbor in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 92 Days | 109 Days | +17.7% |
Summary: Homes in Northwest Harbor had an average of 109 days on market in Dec 2024, up by 17.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Northwest Harbor are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 4 homes were sold in Northwest Harbor; 25% of homes were sold within 30 days, 25% 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.