$10,000 Closing Credit*
$1,100,000
1,100 SqFt
3 Beds
•1 Full Bath
#RPLU-33423204864, Mary Smith, Listing Office: Corcoran Group
Is Windsor Terrace, 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, Windsor Terrace has remained a Buyer's Market.
Key Takeaway
Windsor Terrace is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Windsor Terrace, NY
How much do homes in Windsor Terrace, NY cost?
Median Sold Price
$1,141,250
$995/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$142,250(+14.2%)
Key Takeaway
Homes in Windsor Terrace have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Windsor Terrace was $1,141,250 in October 2024, up 14.2% from last year, and the median price per square foot was $995.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $625K | $625K | 0.0% |
| 2 Bedrooms | $887.5K | $990K | +11.5% |
| 3 Bedrooms | $1.7M | $1.8M | +7.2% |
| 4 Bedrooms | $2.0M | $2.2M | +7.2% |
| 5+ Bedrooms | $2.0M | $2.3M | +18.0% |
Summary: Windsor Terrace housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Neighborhoods
| Windsor Terrace | $999K | $1.1M | +14.2% |
| Kensington | $560K | $582.5K | +4.0% |
| South Slope | $1.6M | $1.5M | -6.3% |
Housing Supply in Windsor Terrace, NY
How many homes are available in Windsor Terrace, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 49 | 0.0% |
Summary: The Windsor Terrace real estate market had 49 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 9 | -25.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Windsor Terrace housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Windsor Terrace, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Windsor Terrace in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Windsor Terrace, NY
How long does it take to sell a home in Windsor Terrace, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 155 Days | 205 Days | +32.3% |
Summary: Homes in Windsor Terrace had an average of 205 days on market in Oct 2024, up by 32.3% 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 Windsor Terrace are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Windsor Terrace; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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