Is Pine Bush, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Bush is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pine Bush was a Seller's Market.

Key Takeaway

Pine Bush 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 Pine Bush, NY

How much do homes in Pine Bush, NY cost?

Median Sold Price

$400,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+3.9%)

Key Takeaway

Homes in Pine Bush have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Pine Bush was $400,000 in October 2024, up 3.9% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $189K$259K
+37.0%
2 $270K$275K
+1.9%
3 $385K$410K
+6.5%
4 $467.7K$507.5K
+8.5%
5+ $599K$605K
+1.0%

Summary: Pine Bush housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Shawangunk
+13.0%
Crawford
+6.3%
Pine Bush
+3.9%
Ellenville
+2.9%

Housing Supply in Pine Bush, NY

How many homes are available in Pine Bush, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6269+11.3%

Summary: The Pine Bush real estate market had 69 homes for sale in October 2024, a 11.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 1015
+50.0%
3 2728
+3.7%
4 1818
0.0%
5+ 55
0.0%

Summary: The Pine Bush housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Bush, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Pine Bush in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for Pine Bush, NY

How long does it take to sell a home in Pine Bush, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
95 Days55 Days-41.8%

Summary: Homes in Pine Bush had an average of 55 days on market in Oct 2024, down by 41.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pine Bush are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Pine Bush; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Pine Bush, NY

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