$3,250,000
9,786 SqFt
6 Beds
•7 Full Baths, 2 Partial
Listing Office: Hampton Estates Realty LLC
Is Remsenburg, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Remsenburg has remained a Buyer's Market.
Key Takeaway
Remsenburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Remsenburg, NY
How much do homes in Remsenburg, NY cost?
Median Sold Price
$1,705,000
$641/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,000(+3.3%)
Key Takeaway
Homes in Remsenburg have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Remsenburg was $1,705,000 in October 2024, up 3.3% from last year, and the median price per square foot was $641.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | - | N/A |
| 2 Bedrooms | $795K | $465K | -41.5% |
| 3 Bedrooms | $1.7M | $950K | -44.6% |
| 4 Bedrooms | $1.4M | $1.7M | +17.1% |
| 5+ Bedrooms | $2.6M | $3.9M | +48.1% |
Summary: Remsenburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.5%, 3 bedroom homes decreased by 44.6%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 48.1%.
Housing Supply in Remsenburg, NY
How many homes are available in Remsenburg, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The Remsenburg real estate market had 35 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Remsenburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Remsenburg, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Remsenburg in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Remsenburg, NY
How long does it take to sell a home in Remsenburg, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 178 Days | +1518.2% |
Summary: Homes in Remsenburg had an average of 178 days on market in Oct 2024, up by 1518.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Remsenburg are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Remsenburg; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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.