$1,300,000
1,300 SqFt
2 Beds
•2 Full Baths
Listing Office: Douglas Elliman Real Estate
![MLS logo](https://dnmtvrxsstng6.cloudfront.net/mlslogos/IDX_31.png)
November 2024
Report Updated 21 Days Ago
Is Southold, 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, Southold was a Seller's Market.
How much do homes in Southold, NY cost?
$999,505
$547/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Southold was $999,505 in November 2024, down 0.7% from last year, and the median price per square foot was $547.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $625K | $290K | -53.6% |
2 Bedrooms | $702.5K | $673.5K | -4.1% |
3 Bedrooms | $920K | $970K | +5.4% |
4 Bedrooms | $1.4M | $1.2M | -13.4% |
5+ Bedrooms | $2.1M | $2.2M | +5.8% |
Summary: Southold housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.6%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 5.8%.
Greenport | $890K | $1.0M | +19.1% |
Southold | $1.0M | $999.5K | -0.7% |
How many homes are available in Southold, NY?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
253 | 248 | -2.0% |
Summary: The Southold real estate market had 248 homes for sale in November 2024, a 2.0% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 36 | 34 | -5.6% |
3 Bedrooms | 101 | 93 | -7.9% |
4 Bedrooms | 74 | 77 | +4.1% |
5+ Bedrooms | 37 | 39 | +5.4% |
Summary: The Southold 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 decreased by 5.6%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 5.4%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
24 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Southold in November 2024, up by 30.8% month-over-month. Of the 34 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.
How long does it take to sell a home in Southold, NY?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
77 Days | 92 Days | +19.7% |
Summary: Homes in Southold had an average of 92 days on market in Nov 2024, up by 19.7% compared to last year.
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During November 2024, 34 homes were sold in Southold; 26% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 53% 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 21 Days Ago
What homes are available in Southold, NY?
See More ListingsMLS Disclaimers and Copyright
Based on information from OneKey MLS, and Rhode Island State Wide MLS for the period 12/01/2022 - 12/01/2024
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/21/2024, 8:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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