$6,519 Closing Credit*
$549,000
1,539 SqFt
3 Beds
•2 Full Baths
Listing Office: Douglas Elliman Real Estate
Is Sound Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sound Beach was a Seller's Market.
Key Takeaway
Sound Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sound Beach, NY
How much do homes in Sound Beach, NY cost?
Median Sold Price
$484,900
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$69,900(+16.8%)
Key Takeaway
Homes in Sound Beach have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in Sound Beach was $484,900 in November 2024, up 16.8% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.5K | $218K | -19.1% |
| 2 Bedrooms | $362K | $395K | +9.1% |
| 3 Bedrooms | $450K | $495K | +10.0% |
| 4 Bedrooms | $515K | $545K | +5.8% |
| 5+ Bedrooms | $380K | $568.7K | +49.7% |
Summary: Sound Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.1%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 49.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Sound Beach | $415K | $484.9K | +16.8% |
| Town of Brookhaven | $486.8K | $545.3K | +12.0% |
| Rocky Point | $472.5K | $495K | +4.8% |
| Miller Place | $625K | $649.5K | +3.9% |
Housing Supply in Sound Beach, NY
How many homes are available in Sound Beach, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 49 | -9.3% |
Summary: The Sound Beach real estate market had 49 homes for sale in November 2024, a 9.3% 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 | 11 | 12 | +9.1% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sound Beach 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 9.1%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sound Beach, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Sound Beach in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 0% were sold under asking, 14% were sold at asking, and 86% were sold over asking.
Days on Market for Sound Beach, NY
How long does it take to sell a home in Sound Beach, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 27 Days | -5.4% |
Summary: Homes in Sound Beach had an average of 27 days on market in Nov 2024, down by 5.4% compared to last year.
Breakdown of Home Sale Times
5 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 Sound Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Sound Beach; 71% of homes were sold within 30 days, 29% 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.