$29,000
0.29 Acres
Land
Listing Office: Coldwell Banker Realty
Is Shrub Oak, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Shrub Oak has remained a Seller's Market.
Key Takeaway
Shrub Oak is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shrub Oak, NY
How much do homes in Shrub Oak, NY cost?
Median Sold Price
$410,000
$347/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$208,008(-33.7%)
Key Takeaway
Homes in Shrub Oak have sold for 33.7% less than they did a month ago.
Summary: The median home sold price in Shrub Oak was $410,000 in November 2024, down 33.7% from last month, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $410K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $636K | $392.5K | -38.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $600K | - | N/A |
Summary: Shrub Oak housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Shrub Oak, NY
How many homes are available in Shrub Oak, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Shrub Oak real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Shrub Oak 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 decreased by 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shrub Oak, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Shrub Oak in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Shrub Oak, NY
How long does it take to sell a home in Shrub Oak, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 42 Days | +19.0% |
Summary: Homes in Shrub Oak had an average of 42 days on market in Nov 2024, up by 19% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shrub Oak are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Shrub Oak; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.