$8,063 Closing Credit*
$679,000
1 Bed
•1 Full Bath
#PRCH-36929614, Eric Levine, Listing Office: Level Group Inc
Is Two Bridges, 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, 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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.0M | $760K | -27.6% |
| 2 Bedrooms | $1.1M | $1.9M | +77.3% |
| 3 Bedrooms | $2.5M | $1.3M | -47.2% |
| 4 Bedrooms | $1.4M | $1.1M | -21.6% |
| 5+ Bedrooms | - | - | 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 | $1.1M | $1.1M | -2.6% |
| Cooperative Village | $810K | $764K | -5.7% |
| Lower East Side | $1.2M | $925K | -24.2% |
Housing Supply in Two Bridges, NY
How many homes are available in Two Bridges, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 84 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 42 | 45 | +7.1% |
| 2 Bedrooms | 26 | 25 | -3.8% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +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
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
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