13 new real estate properties in Bayside, New York have been added to Ofirio in the last 7 days.
Of those new properties:
Bayside, New York has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 3% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 5%. Homes in Bayside, New York are on the market for 105 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the 3 Beds segment and it is 122% ($165,389) more than the week prior.
The average closing price for real estate in Bayside New York has fallen by 10% from the last week, which amounted to $542,377.
As of January 2023 Bayside, NY is a seller market which means homes sell faster at a higher price. In January 2023, 4 homes (26.7%) sold at asking price, 8 homes (53.3%) sold below asking price, and 3 homes (20.0%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 25.5% from $671,000 in January 2022 to $500,000 in January 2023. The number of homes sold in Bayside, NY has decreased by 61.1% over the last year from 36 in January 2022 to 14 homes in January 2023.
Homes in Bayside, NY have sold for 14.2% less per ft² than they did a year ago. As of January 2023 the average price per square foot is $435.