Is Two Bridges, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Two Bridges is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Two Bridges has remained a Buyer's Market.

Key Takeaway

Two Bridges is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Two Bridges, NY

How much do homes in Two Bridges, NY cost?

Median Sold Price

$1,140,000

$1,765/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$29,897(-2.6%)

Key Takeaway

Homes in Two Bridges have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Two Bridges was $1,140,000 in October 2024, down 2.6% from last year, and the median price per square foot was $1,765.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $1.0M$760K
-27.6%
2 $1.1M$1.9M
+77.3%
3 $2.5M$1.3M
-47.2%
4 $1.4M$1.1M
-21.6%
5+ --
N/A

Summary: Two Bridges housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.6%, 2 bedroom homes increased by 77.3%, 3 bedroom homes decreased by 47.2%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Two Bridges
-2.6%
Cooperative Village
-5.7%
Lower East Side
-24.2%

Housing Supply in Two Bridges, NY

How many homes are available in Two Bridges, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8184+3.7%

Summary: The Two Bridges real estate market had 84 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4245
+7.1%
2 2625
-3.8%
3 1112
+9.1%
4 11
0.0%
5+ 11
0.0%

Summary: The Two Bridges housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Two Bridges, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Two Bridges in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Two Bridges, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Two Bridges, NY

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