Is Wawarsing, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Wawarsing has remained a Buyer's Market.
Housing Prices in Wawarsing, NY
How much do homes in Wawarsing, NY cost?
Median Sold Price
$265,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Wawarsing was $265,000 in May 2024, up 4.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $267.7K | N/A |
2 Bedrooms | $165K | $230.5K | +39.7% |
3 Bedrooms | $240K | $270K | +12.5% |
4 Bedrooms | $312K | $260K | -16.7% |
5+ Bedrooms | $390K | $316K | -19.0% |
Summary: Wawarsing housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 19%.
Median Sold Price Compared To Nearby Cities
Wawarsing | $253K | $265K | +4.7% |
Ellenville | $256.3K | $255K | -0.5% |
Housing Supply in Wawarsing, NY
How many homes are available in Wawarsing, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 42 | +5.0% |
Summary: The Wawarsing real estate market had 42 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Wawarsing housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Wawarsing in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Wawarsing, NY
How long does it take to sell a home in Wawarsing, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 22 Days | -68.1% |
Summary: Homes in Wawarsing had an average of 22 days on market in May 2024, down by 68.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Wawarsing; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.