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 buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Sea Cliff was a Seller's Market.

Key Takeaway

Sea Cliff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sea Cliff, NY

How much do homes in Sea Cliff, NY cost?

Median Sold Price

$1,018,000

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$173,000(+20.5%)

Key Takeaway

Homes in Sea Cliff have sold for 20.5% more than they did a year ago.

Summary: The median home sold price in Sea Cliff was $1,018,000 in December 2024, up 20.5% from last year, and the median price per square foot was $519.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $700K$780K
+11.4%
3 $835K$999K
+19.6%
4 $866K$1.2M
+47.5%
5+ $1.2M$1.9M
+60.8%

Summary: Sea Cliff housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 47.5%, and 5+ bedroom homes increased by 60.8%.

Median Sold Price Compared To Nearby Cities

Sea Cliff
+20.5%
Glen Cove
+14.2%
Oyster Bay
+10.1%

Housing Supply in Sea Cliff, NY

How many homes are available in Sea Cliff, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1917-10.5%

Summary: The Sea Cliff real estate market had 17 homes for sale in December 2024, a 10.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 43
-25.0%
4 119
-18.2%
5+ 22
0.0%

Summary: The Sea Cliff housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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 2 homes were sold or pending in Sea Cliff in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Dec 2023Dec 2024CHANGE
67 Days17 Days-74.8%

Summary: Homes in Sea Cliff had an average of 17 days on market in Dec 2024, down by 74.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were 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 December 2024, 2 homes were sold in Sea Cliff; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in Sea Cliff, NY

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