Is Plandome, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Plandome has remained a Seller's Market.
Key Takeaway
Plandome is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plandome, NY
How much do homes in Plandome, NY cost?
Median Sold Price
$2,810,000
$766/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Key Takeaway
Homes in Plandome have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Plandome was $2,810,000 in November 2024, down 3.1% from last year, and the median price per square foot was $766.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $1.7M | N/A |
| 4 Bedrooms | - | $2.1M | N/A |
| 5+ Bedrooms | $2.9M | $3.7M | +29.0% |
Summary: Plandome 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 did not change, and 5+ bedroom homes increased by 29%.
Median Sold Price Compared To Nearby Cities
| Flower Hill | $1.7M | $2.5M | +46.8% |
| North Hempstead | $900.5K | $989.4K | +9.9% |
| Plandome | $2.9M | $2.8M | -3.1% |
Housing Supply in Plandome, NY
How many homes are available in Plandome, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Plandome real estate market had 2 homes for sale in November 2024, the same as 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 | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Plandome 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 remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
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 Plandome, 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 Plandome in November 2024, up by 100.0% 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 Plandome, NY
How long does it take to sell a home in Plandome, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 151 Days | +1676.5% |
Summary: Homes in Plandome had an average of 151 days on market in Nov 2024, up by 1676.5% 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 Plandome 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 Plandome; 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.
