WEEKLY UPDATE · SAINT JAMES · SUFFOLK COUNTYSaint James: Homes Are Selling in 11 Days — But 21% of Sellers Already BlinkedStock imagery · not a listingTim Lupo ·
Dated: April 20 2026
Views: 6
The Hook: Here's the split screen in Manhasset right now — the average home is sitting 116 days, but the ones that are priced right are gone in 36. That gap tells you everything. And that 101.4% list-to-sale ratio? Sellers who price it correctly aren't just getting asking price, they're beating it.
The Local Read: Four new listings hit the market last week at a median of $3.85M, which is actually *above* the current active median of $3.63M — sellers are still coming in with ambition. But the market is pushing back: 3 price cuts landed in the same week, and a full third of active inventory has already reduced. I'm seeing this play out most noticeably on the higher-end streets closer to Plandome Road — beautiful homes, strong bones, but overreaching on price and then sitting while the right-priced inventory sells fast and clean. The one sale last week closed at $2.5M, which lines up with where the market actually has conviction. At 2.4 months of supply, this isn't a buyer's market — inventory is still tight — but buyers have enough options that they're not chasing overpriced listings anymore.
The Advice Line: If you're thinking about listing, the data is telling a very clear story — pricing strategy right now is the whole game. Let's look at your numbers and build a plan that puts you in the 36-day column, not the 116-day one — 631-708-4151.
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*Week of April 12, 2026 | Manhasset, Nassau County*
*Data reflects residential activity for the period noted. Information deemed reliable but not guaranteed.*
Tim Lupo, Licensed Real Estate Salesperson | EXIT Realty Edge
Tim has dedicated his career to understanding the full landscape of real estate, from the practical needs of everyday living to the long-term opportunities of strategic investing. His background spans....
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