Recent supply and negotiation patterns show where the market is giving room and where it is not.
If you are trying to figure out who really has the leverage in Bayside, NY right now, the answer is not one-sided. My read is that sellers still hold the broader edge, but buyers have not lost the ability to negotiate intelligently.
Over the previous 30 days, Bayside, NY had 4.4 months of supply, which placed the market on the seller side. At the same time, recent offers landed at about 93.8% of asking, and a typical sale took 38 days. I see that as a market where leverage exists, but it has to be used well.
For a buyer, that means I do not assume weakness just because homes are not all closing at full ask. For a seller, it means I do not confuse general market advantage with automatic pricing power on every listing. In Bayside, NY, leverage is more conditional than absolute. The homes that are priced and positioned well are likely to benefit most from the seller-friendly setup.
Use supply as your big-picture guide, but let negotiation patterns shape your actual strategy. Compare each property to recent closings before you decide how firm to be. Stay flexible where the numbers support it. I would approach leverage as something to earn and protect, not something to take for granted.
