Is Pine Bush, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pine Bush has remained a Buyer's Market.
Key Takeaway
Pine Bush is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pine Bush, NY
How much do homes in Pine Bush, NY cost?
Median Sold Price
$392,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pine Bush have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Pine Bush was $392,500 in May 2024, up 1.9% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.4K | $250K | +71.8% |
| 2 Bedrooms | $260.4K | $279.5K | +7.3% |
| 3 Bedrooms | $385K | $390K | +1.3% |
| 4 Bedrooms | $506.9K | $489K | -3.5% |
| 5+ Bedrooms | $389.9K | $710K | +82.1% |
Summary: Pine Bush housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.8%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 82.1%.
Median Sold Price Compared To Nearby Cities
| Shawangunk | $379.6K | $420K | +10.6% |
| Pine Bush | $385K | $392.5K | +1.9% |
| Ellenville | $256.3K | $255K | -0.5% |
| Crawford | $427.5K | $400K | -6.4% |
Housing Supply in Pine Bush, NY
How many homes are available in Pine Bush, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Pine Bush real estate market had 50 homes for sale in May 2024, a 16.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Pine Bush housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Bush, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Pine Bush in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pine Bush, NY
How long does it take to sell a home in Pine Bush, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 272 Days | +438.6% |
Summary: Homes in Pine Bush had an average of 272 days on market in May 2024, up by 438.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pine Bush are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Pine Bush; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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.