Unlocking Market Performance in Bohemia, NY

Closed residential transactions this January reached a total of four, matching the type of consistent, sustainable market movement that promotes confidence among participants. The median list price for these active homes is $620,000, while median sale prices edged slightly above at $625,000. Why does this spread matter? When closed prices meet or slightly exceed active list prices, it reflects a balanced negotiation landscape in which well-prepared sellers achieve their goals but buyers are not faced with runaway pricing.

The list-to-sale price ratio stands at 100 percent, underlining that sellers receive full asking price in concluded deals. This provides sellers with optimism for value retention while hinting to buyers that effective negotiation isn’t always about steep discounts, but about timing, presentation, and readiness.

Days on Market and Inventory: January 2026 Standouts

Median days on market (DOM) for closed homes is currently 40, pointing to reasonably quick turnarounds for properties that match market demand. Meanwhile, the median DOM for active listings is 49, suggesting ongoing replenishment of inventory and confirming that new properties continue to enter the pipeline. Why does tracking this matter for you? Fewer days mean homes are meeting buyer expectations rapidly, signaling urgency for motivated buyers and solid performance for sellers.

Supply remains tight, with just 1.9 months’ worth of inventory available at the current absorption rate. For both buyers and sellers, this metric answers the question: how fast could current homes be absorbed if no new listings appeared? An inventory period under two months points to a healthy, active market where neither side has undue advantage or disadvantage for an extended period.

Key Metrics Context for January 2026

21 active single-family listings underpin a robust market with buyer choices but not a flooded market. The $620,000 median list price and $625,000 median sale price suggest transactions are occurring near list value, preventing dramatic swings and ensuring participants have realistic expectations.

What Buyers and Sellers Can Expect

Sellers can take heart: with a 100 percent list-to-sale ratio, accurately priced and presented homes are poised for successful, timely sales in Bohemia, NY. For buyers, acting decisively is key, given median days on market can drop quickly and inventory may not keep pace if demand intensifies. The presence of four closed sales and three under contract homes further illustrates a steady flow, offering clear indicators for both sides on how to position themselves.

Practical Takeaways for January 2026 Participants

• Active Inventory: 21 active listings means options for buyers to weigh.
• Medians Align: Median prices for active and closed homes are close, suggesting stable value.
• List-to-Sale Reliability: Sellers are earning their asking prices - price placement is crucial.
• Quick Market Turn: Median 40 days on market for closed properties spells efficiency for sellers and signals urgency to buyers.
• Absorption Rate: With only 1.9 months of inventory, competition may present opportunities for those ready to act.