Maria Babaev | Luxury Homes Market Report

Glen Head, NY 11545

Single-Family Homes

DOUGLAS ELLIMAN REAL ESTATE | LuxuryLongIsland.com | maria@luxurylongisland.com


Glen Head, NY 11545

Sat May 04 2024
This week the median list price for Glen Head, NY 11545 is $3,388,000 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has increased to 45. Click here to stay informed with the Glen Head market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Glen Head, NY 11545

Sat May 04 2024
This week the median list price for Glen Head, NY 11545 is $3,388,000 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has increased to 45. Click here to stay informed with the Glen Head market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Glen Head market.
Median List Price $3,388,000
Median Price of New Listings $1,480,000
Per Square Foot $610
Average Days on Market 110
Median Days on Market 42
Price Decreased 13%
Price Increased 4%
Relisted 4%
Inventory 45
Median Rent
Market Action 30
Slight Seller's Advantage

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,995,000 8,414 2.5 - 5 acres 6 7 23 0 0 161
$3,758,000 5,856 1 - 2.5 acres 6 4.5 43 0 0 63
$2,798,000 4,259 1 - 2.5 acres 5 4.5 56 1 0 28
$1,324,499 2,513 8,000 - 10,000 sqft 4 2.8 69 4 2 10