$7,244 Closing Credit*
$610,000
600 SqFt
2 Beds
•1 Full Bath
Listing Office: Corcoran
Is Westhampton Beach, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Westhampton Beach was a Seller's Market.
Key Takeaway
Westhampton Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Westhampton Beach, NY
How much do homes in Westhampton Beach, NY cost?
Median Sold Price
$1,800,000
$855/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$285,000(+18.8%)
Key Takeaway
Homes in Westhampton Beach have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Westhampton Beach was $1,800,000 in November 2024, up 18.8% from last year, and the median price per square foot was $855.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $242K | $520K | +114.9% |
| 2 Bedrooms | $1.2M | $999K | -19.3% |
| 3 Bedrooms | $1.0M | $1.1M | +7.0% |
| 4 Bedrooms | $1.7M | $2.5M | +47.8% |
| 5+ Bedrooms | $3.6M | $2.8M | -22.9% |
Summary: Westhampton Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 114.9%, 2 bedroom homes decreased by 19.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes decreased by 22.9%.
Median Sold Price Compared To Nearby Cities
| Westhampton Beach | $1.5M | $1.8M | +18.8% |
| Quogue | $2.6M | $2.6M | -1.0% |
Housing Supply in Westhampton Beach, NY
How many homes are available in Westhampton Beach, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 78 | -7.1% |
Summary: The Westhampton Beach real estate market had 78 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 36 | 34 | -5.6% |
Summary: The Westhampton Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
6 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 Westhampton Beach, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Westhampton Beach in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Westhampton Beach, NY
How long does it take to sell a home in Westhampton Beach, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 40 Days | +16.0% |
Summary: Homes in Westhampton Beach had an average of 40 days on market in Nov 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westhampton Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Westhampton Beach; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.