$10,000 Closing Credit*
$1,198,000
628 SqFt
1 Bed
•1 Full Bath
#RPLU-33423256509, Niccolo Riback, Listing Office: Corcoran Group
Is Turtle Bay, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Turtle Bay has remained a Buyer's Market.
Key Takeaway
Turtle Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Turtle Bay, NY
How much do homes in Turtle Bay, NY cost?
Median Sold Price
$995,000
$1,115/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$120,000(-10.8%)
Key Takeaway
Homes in Turtle Bay have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in Turtle Bay was $995,000 in October 2024, down 10.8% from last year, and the median price per square foot was $1,115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $685K | $680K | -0.7% |
| 2 Bedrooms | $1.3M | $1.3M | 0.4% |
| 3 Bedrooms | $2.8M | $2.4M | -14.0% |
| 4 Bedrooms | $5.1M | $1.8M | -64.0% |
| 5+ Bedrooms | $5.8M | $6.6M | +14.6% |
Summary: Turtle Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 64%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Sutton Place | $950K | $1.0M | +7.2% |
| Midtown East | $1.1M | $1.1M | -1.0% |
| Midtown Manhattan | $1.2M | $1.2M | -1.2% |
| Turtle Bay | $1.1M | $995K | -10.8% |
Housing Supply in Turtle Bay, NY
How many homes are available in Turtle Bay, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 263 | 267 | +1.5% |
Summary: The Turtle Bay real estate market had 267 homes for sale in October 2024, a 1.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 104 | 104 | 0.0% |
| 2 Bedrooms | 86 | 81 | -5.8% |
| 3 Bedrooms | 42 | 46 | +9.5% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The Turtle Bay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 9 | -55.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
8 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Turtle Bay, expect to pay close to the asking price. 88.9% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Turtle Bay in October 2024, down by 55.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 89% were sold at asking, and 0% were sold over asking.
Days on Market for Turtle Bay, NY
How long does it take to sell a home in Turtle Bay, NY?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Turtle Bay has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Turtle Bay; 0% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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