$6,234 Closing Credit*
$525,000
4 Beds
•2 Full Baths
Listing Office: Realty Connect USA L I Inc
Is Sound Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sound Beach was a Neutral Market.
Key Takeaway
Sound Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sound Beach, NY
How much do homes in Sound Beach, NY cost?
Median Sold Price
$475,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$54,000(+12.8%)
Key Takeaway
Homes in Sound Beach have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Sound Beach was $475,000 in October 2024, up 12.8% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.5K | $218K | -19.1% |
| 2 Bedrooms | $365K | $390K | +6.8% |
| 3 Bedrooms | $450K | $487.5K | +8.3% |
| 4 Bedrooms | $525K | $525K | 0.0% |
| 5+ Bedrooms | $380K | $567.5K | +49.3% |
Summary: Sound Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.1%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 49.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Sound Beach | $421K | $475K | +12.8% |
| Town of Brookhaven | $480.1K | $540.9K | +12.7% |
| Rocky Point | $461K | $499.5K | +8.4% |
| Miller Place | $620K | $650K | +4.8% |
Housing Supply in Sound Beach, NY
How many homes are available in Sound Beach, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 57 | +29.5% |
Summary: The Sound Beach real estate market had 57 homes for sale in October 2024, a 29.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 23 | 29 | +26.1% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sound Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sound Beach, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Sound Beach in October 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 61 Days | +218.6% |
Summary: Homes in Sound Beach had an average of 61 days on market in Oct 2024, up by 218.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 10 homes were sold in Sound Beach; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% 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.