Is Andes, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Andes is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Andes was a Neutral Market.

Key Takeaway

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

Housing Prices in Andes, NY

How much do homes in Andes, NY cost?

Median Sold Price

$555,000

$381/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$320,500(+136.7%)

Key Takeaway

Homes in Andes have sold for 136.7% more than they did a month ago.

Summary: The median home sold price in Andes was $555,000 in April 2024, up 136.7% from last month, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $300K$555K
+85.0%
3 --
N/A
4 $169K-
N/A
5+ --
N/A

Summary: Andes housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 85%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Andes, NY

How many homes are available in Andes, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
128-33.3%

Summary: The Andes real estate market had 8 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 43
-25.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Andes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Andes, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Andes in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Andes, NY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
92 Days14 Days-84.8%

Summary: Homes in Andes had an average of 14 days on market in Apr 2024, down by 84.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Andes; 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.

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

Report Updated 5 Days Ago

Newest Listings in Andes, NY

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