Brightwaters, NY Home Values & Market Trends
Real estate market trends reflect that there have been 43 transactions over the past year in Brightwaters. The median value for residential home transactions that occurred over the previous year is $803,379.49. The number of current listings in Brightwaters is 6, and the percentage of properties for sale in the city is 6.00%. Brightwaters, NY currently has 14 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 6 properties for sale.
Brightwaters, NY Real Estate Market Overview
Zip | Median Est. Value |
---|---|
11718 | $ 924,644 $ 285/sqft |
Housing Market Summary for Brightwaters, NY
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $789K | $0 | -100.00% |
Median Sold Price | $0 | $0 | - |
Homes For Sale | 5 | 3 | -40.00% |
Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Brightwaters, NY
Browse Homes in Brightwaters, NY
Brightwaters home values range from $404,998 to $2,952,785. The median estimated value of a home in Brightwaters is $803,379.49. The median list price of a home is 925,000, and the total count of properties in the city is 1,078.
- Pre-ForeclosurePre-foreclosure homes account for 1.30% of all residential properties in Brightwaters, NY with 11718 containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Brightwaters, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,164,102 in 11718 to the lowest home value of $593,334 in 11718.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Brightwaters, NY ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Brightwaters, NY. There is 1 zips within Brightwaters, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Brightwaters, NY. Auction homes and other auction properties account for 0% of all properties in Brightwaters, NY. There is 1 zips within Brightwaters, NY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Brightwaters, NY
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
An increase is house prices but a slowdown of homes sold in September
With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks