Glen Cove Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
11.4% YoY
Median Price/Sqft
-4.8% YoY
No. of Transactions
18.4% YoY
County Median Sale Price
8.8% YoY
In Q3, the median home sale price in Glen Cove was $717K, up 11.4% year-over-year. Sales activity was also on the rise, with a total of 58 sales closed, representing a year-over-year increase of 18.4%. At the same time, the median price per square foot in Q3 was $416, representing a change of -4.8% year-over-year. The median sale price for Nassau County homes was $775K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Nassau County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Garden City | $1,300,000 |
| 2 | Rockville Centre | $975,000 |
| 3 | Long Beach | $758,750 |
| 4 | East Rockaway | $725,000 |
| 5 | Glen Cove | $717,500 |
| 6 | Hempstead | $699,350 |
| 7 | Lynbrook | $677,500 |
| 8 | Valley Stream | $645,000 |
Residential Property Types Sold in Glen Cove
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $749K | 27.4% | $450 | 14.5% | 13 |
| House | $705K | -2.8% | $414 | -7.4% | 45 |
In Q3, the median sale price for houses in Glen Cove was $705K, showing no significant change year-over-year. Glen Cove condos on the other hand, showed positive pricing trends, gaining 27.4% year-over-year. As a result, the Q3 median sale price for condos in Glen Cove reached $749K.
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