$39,900
0.23 Acres
Land
Laura Loomis-Patrick, Listing Office: Coldwell Banker Prime Prop. Inc.
Is Sylvan Beach, 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, Sylvan Beach has remained a Seller's Market.
Key Takeaway
Sylvan Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sylvan Beach, NY
How much do homes in Sylvan Beach, NY cost?
Median Sold Price
$280,000
$193/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$98,500(+54.3%)
Key Takeaway
Homes in Sylvan Beach have sold for 54.3% more than they did a month ago.
Summary: The median home sold price in Sylvan Beach was $280,000 in October 2024, up 54.3% from last month, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $186K | $236.5K | +27.2% |
| 4 Bedrooms | $95K | $305K | +221.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sylvan Beach housing prices by bedroom type for October 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 increased by 27.2%, 4 bedroom homes increased by 221.1%, and 5+ bedroom homes did not change.
Housing Supply in Sylvan Beach, NY
How many homes are available in Sylvan Beach, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Summary: The Sylvan Beach real estate market had 13 homes for sale in October 2024, a 27.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sylvan Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 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 Sylvan Beach, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sylvan Beach in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Sylvan Beach, NY
How long does it take to sell a home in Sylvan Beach, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 11 Days | -23.5% |
Summary: Homes in Sylvan Beach had an average of 11 days on market in Oct 2024, down by 23.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sylvan Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Sylvan Beach; 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.
