2023 Hyper Local Market Reviews - North Shore Office

2023 Hyper Local Market Reviews

North Shore, Glen Cove, and Locust Valley | School District Markets Presented by the North Shore Office | 266 Sea Cliff Avenue, Sea Cliff, NY

danielgale.com

danielgale.com danielgale.com

2023 Annual Market Review North Shore School District

Statistics Number of Sales

2022 173

2023 132

Price Brackets ≤ $499,999

Sales 2

Average Price

$1,140,908

$1,226,328

$500,000 - $749,999

36

Median Price

$925,000

$930,500

$750,000 - $999,999

41

Average Days on Market

48

68

$1,000,000 - $1,999,999

37

Median Days on Market

26

28

≥ $2,000,000

16

Number of Rentals

90

75

Average Rent

$3,207

$3,530

Median Rent

$2,775

$3,200

Local (Nassau County, NY)

Top 3 55%

New York City

40%

Suffolk County

3%

Buyers Moving To

Glen Head

Top 3 61

Sea Cliff

37

Old Brookville

22

Buyers Moving From

danielgale.com

1/1/2023 - 12/31/2023. Data per OneKey MLS. Each Office Is Independently Owned And Operated.

North Shore Office 266 Sea Cliff Avenue, Sea Cliff, NY | 516.759.6822

danielgale.com danielgale.com

2023 Annual Market Review Glen Cove School District

Statistics Number of Sales

2022 192

2023 161

Price Brackets ≤ $499,999

Sales 22

Average Price

$824,142

$883,037

$500,000 - $749,999

63

Median Price

$715,000

$725,000

$750,000 - $999,999

46

Average Days on Market

57

67

$1,000,000 - $1,999,999

24

Median Days on Market

30

31

≥ $2,000,000

6

Number of Rentals

139

167

Average Rent

$3,268

$3,647

Median Rent

$2,950

$3,000

Local (Nassau County, NY)

Top 3 59%

New York City

34%

Out of State

3%

Buyers Moving To

Glen Cove

Top 3 157

Locust Valley

4

-

-

Buyers Moving From

danielgale.com

1/1/2023 - 12/31/2023. Data per OneKey MLS. Each Office Is Independently Owned And Operated.

North Shore Office 266 Sea Cliff Avenue, Sea Cliff, NY | 516.759.6822

danielgale.com danielgale.com

2023 Annual Market Review Locust Valley School District

Statistics Number of Sales

2022 192

2023 139

Price Brackets ≤ $499,999

Sales 4

Average Price

$1,424,705 $1,687,750

$500,000 - $999,999

58

Median Price

$922,400

$1,260,000

$1,000,000 - $1,499,999

21

Average Days on Market

80

88

$1,500,000 - $1,999,999

15

Median Days on Market

43

39

$2,000,000 - $2,999,999

22

Number of Rentals

62

95

$3,000,000 - $3,999,999

9

Average Rent

$4,114

$5,398

$4,000,000 - $4,999,999

5

Median Rent

$3,200

$4,000

≥ $5,000,000

5

Local (Nassau County, NY)

Top 3 61%

New York City

23%

Out of State

11%

Buyers Moving To

Locust Valley

Top 3 39

Bayville

38

Buyers Moving From

Lattingtown, Upper Brookville

danielgale.com

Tied-17

1/1/2023 - 12/31/2023. Data per OneKey MLS. Each Office Is Independently Owned And Operated.

North Shore Office 266 Sea Cliff Avenue, Sea Cliff, NY | 516.759.6822

danielgale.com danielgale.com