Is Sea Cliff, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sea Cliff is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sea Cliff has remained a Seller's Market.

Key Takeaway

Sea Cliff is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sea Cliff, NY

How much do homes in Sea Cliff, NY cost?

Median Sold Price

$999,000

$518/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$154,000(+18.2%)

Key Takeaway

Homes in Sea Cliff have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in Sea Cliff was $999,000 in November 2024, up 18.2% from last year, and the median price per square foot was $518.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $737.5K$780K
+5.8%
3 $835K$999K
+19.6%
4 $913K$1.0M
+17.7%
5+ $1.2M$1.9M
+60.8%

Summary: Sea Cliff 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 increased by 5.8%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 60.8%.

Median Sold Price Compared To Nearby Cities

Sea Cliff
+18.2%
Glen Cove
+15.6%
Oyster Bay
+10.3%

Housing Supply in Sea Cliff, NY

How many homes are available in Sea Cliff, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2221-4.5%

Summary: The Sea Cliff real estate market had 21 homes for sale in November 2024, a 4.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 54
-20.0%
4 1110
-9.1%
5+ 44
0.0%

Summary: The Sea Cliff 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 increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sea Cliff, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sea Cliff in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Sea Cliff, NY

How long does it take to sell a home in Sea Cliff, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
70 Days35 Days-49.8%

Summary: Homes in Sea Cliff had an average of 35 days on market in Nov 2024, down by 49.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Sea Cliff; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Sea Cliff, NY

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