Is Alexandria Bay, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alexandria Bay is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Alexandria Bay was a Seller's Market.

Key Takeaway

Alexandria Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Alexandria Bay, NY

How much do homes in Alexandria Bay, NY cost?

Median Sold Price

$205,500

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$58,500(-22.2%)

Key Takeaway

Homes in Alexandria Bay have sold for 22.2% less than they did a year ago.

Summary: The median home sold price in Alexandria Bay was $205,500 in October 2024, down 22.2% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$406.5K
N/A
2 $300K$197.4K
-34.2%
3 $180K$185K
+2.8%
4 $650K$260K
-60.0%
5+ $512K-
N/A

Summary: Alexandria Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Alexandria
+13.1%
Alexandria Bay
-22.2%

Housing Supply in Alexandria Bay, NY

How many homes are available in Alexandria Bay, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The Alexandria Bay real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 1111
0.0%
4 66
0.0%
5+ 65
-16.7%

Summary: The Alexandria Bay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alexandria Bay, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Alexandria Bay in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Alexandria Bay, NY

How long does it take to sell a home in Alexandria Bay, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
5 Days22 Days+340.0%

Summary: Homes in Alexandria Bay had an average of 22 days on market in Oct 2024, up by 340% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alexandria Bay are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Alexandria Bay; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Alexandria Bay, NY

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