Скачать или смотреть 🏡 Sea Cliff Real Estate Market Insights – February 2025 🏡 Hello Sea Cliff community! Let's dive i

🏡 Sea Cliff Real Estate Market Insights – February 2025 🏡

Hello Sea Cliff community! Let's dive into the latest real estate market data and what it means for you as a buyer or seller.

🔹 *Median Sale Price:* The median sale price is $1,054,500, showing a slight decrease of 0.33% MoM and 0.34% YoY. This indicates a slight cooling in the market, potentially offering buyers more negotiating power.

🔹 *Median List Price:* At $1,399,000, the list price has increased by 0.83% MoM and 0.87% YoY. Sellers, this is a positive sign that your property could attract higher offers.

🔹 *Price Per Square Foot:* The median price per square foot is $688.00, a minor decrease MoM but an increase of 0.74% YoY. This suggests that while prices are stabilizing, the value of homes remains strong.

🔹 *Market Activity:* With only 2 homes sold but 6 pending sales, there's a clear demand for homes. The inventory is low at 5, with a significant drop in months of supply to 2.5, indicating a seller's market.

🔹 *Days on Market:* Homes are selling faster, with a median of 38 days, down by 21 days MoM. Sellers can expect quicker transactions, while buyers should be prepared to act swiftly.

Whether you're buying or selling, understanding these trends can help you make informed decisions in the Sea Cliff real estate market. Let's connect to discuss how you can leverage these insights!

[Data Source: Redfin]

#StephenVingielloRealty #NorthShoreLIHomes #SeaCliffRealEstate #LongIslandLiving #RealEstateTrends