Is East Amherst, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Amherst has remained a Seller's Market.
Housing Prices in East Amherst, NY
How much do homes in East Amherst, NY cost?
Median Sold Price
$450,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Amherst was $450,000 in April 2024, up 5.7% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132K | $197K | +49.2% |
2 Bedrooms | $210K | $277.5K | +32.1% |
3 Bedrooms | $350K | $352.5K | +0.7% |
4 Bedrooms | $507.5K | $500K | -1.5% |
5+ Bedrooms | $587.5K | $675K | +14.9% |
Summary: East Amherst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.2%, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
Clarence Center | $465K | $545K | +17.2% |
Pendleton | $300K | $340.7K | +13.6% |
Amherst | $304.7K | $330.5K | +8.5% |
East Amherst | $425.6K | $450K | +5.7% |
Clarence | $476.5K | $490K | +2.8% |
Housing Supply in East Amherst, NY
How many homes are available in East Amherst, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 48 | +9.1% |
Summary: The East Amherst real estate market had 48 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 18 | 14 | -22.2% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 2 | 7 | +250.0% |
Summary: The East Amherst housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 250%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in East Amherst in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for East Amherst, NY
How long does it take to sell a home in East Amherst, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 12 Days | -61.0% |
Summary: Homes in East Amherst had an average of 12 days on market in Apr 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in East Amherst; 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.