$3,200,000
5,388 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Daniel Gale Sothebys Intl Rlty
Is Oyster Bay Cove, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oyster Bay Cove was a Seller's Market.
Key Takeaway
Oyster Bay Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oyster Bay Cove, NY
How much do homes in Oyster Bay Cove, NY cost?
Median Sold Price
$2,100,000
$430/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$150,000(+7.7%)
Key Takeaway
Homes in Oyster Bay Cove have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Oyster Bay Cove was $2,100,000 in November 2024, up 7.7% from last year, and the median price per square foot was $430.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $1.2M | $1.6M | +33.1% |
| 5+ Bedrooms | $2.1M | $2.2M | +8.9% |
Summary: Oyster Bay Cove housing prices by bedroom type for November 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 did not change, 4 bedroom homes increased by 33.1%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Cities
| Oyster Bay | $748.7K | $825.8K | +10.3% |
| Oyster Bay Cove | $1.9M | $2.1M | +7.7% |
Housing Supply in Oyster Bay Cove, NY
How many homes are available in Oyster Bay Cove, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Summary: The Oyster Bay Cove real estate market had 20 homes for sale in November 2024, a 20.0% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 20 | 15 | -25.0% |
Summary: The Oyster Bay Cove 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oyster Bay Cove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Oyster Bay Cove in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Oyster Bay Cove, NY
How long does it take to sell a home in Oyster Bay Cove, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 165 Days | 99 Days | -40.2% |
Summary: Homes in Oyster Bay Cove had an average of 99 days on market in Nov 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Oyster Bay Cove are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Oyster Bay Cove; 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.