$4,650,000
2,857 SqFt
3 Beds
•3 Full Baths, 1 Partial
#PRCH-37027384, EVA PENSON, Listing Office: Sothebys International Realty
Is Turtle Bay, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$999,999
$1,192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$100,001(-9.1%)
Key Takeaway
Homes in Turtle Bay have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Turtle Bay was $999,999 in November 2024, down 9.1% from last year, and the median price per square foot was $1,192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $675K | $726.3K | +7.6% |
| 2 Bedrooms | $1.3M | $1.5M | +9.2% |
| 3 Bedrooms | $2.8M | $2.5M | -9.5% |
| 4 Bedrooms | $5.1M | $1.8M | -64.0% |
| 5+ Bedrooms | $6.7M | $6.3M | -5.6% |
Summary: Turtle Bay housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 64%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Sutton Place | $950K | $1.0M | +7.9% |
| Midtown East | $1.1M | $1.1M | +0.7% |
| Midtown Manhattan | $1.2M | $1.2M | -0.3% |
| Turtle Bay | $1.1M | $999.9K | -9.1% |
Housing Supply in Turtle Bay, NY
How many homes are available in Turtle Bay, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 271 | 256 | -5.5% |
Summary: The Turtle Bay real estate market had 256 homes for sale in November 2024, a 5.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 115 | 109 | -5.2% |
| 2 Bedrooms | 80 | 75 | -6.3% |
| 3 Bedrooms | 42 | 39 | -7.1% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Turtle Bay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.2%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 24 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
23 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. 95.8% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Turtle Bay in November 2024, up by 100.0% month-over-month. Of the 24 sold homes, 4% were sold under asking, 96% 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?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 147 Days | +818.8% |
Summary: Homes in Turtle Bay had an average of 147 days on market in Nov 2024, up by 818.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Turtle Bay are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 24 homes were sold in Turtle Bay; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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