Is Arrochar, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Arrochar was a Neutral Market.
Key Takeaway
Arrochar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arrochar, NY
How much do homes in Arrochar, NY cost?
Median Sold Price
$735,000
$407/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Arrochar have sold for 19.7% less than they did a month ago.
Summary: The median home sold price in Arrochar was $735,000 in March 2024, down 19.7% from last month, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $530K | - | N/A |
| 3 Bedrooms | - | $618K | N/A |
| 4 Bedrooms | - | $852.5K | N/A |
| 5+ Bedrooms | $1.3M | - | N/A |
Summary: Arrochar housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Rosebank | $752.5K | $722.5K | -4.0% |
| Arrochar | $915K | $735K | -19.7% |
| Old Town | $715K | $570K | -20.3% |
Housing Supply in Arrochar, NY
How many homes are available in Arrochar, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Summary: The Arrochar real estate market had 13 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Arrochar housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arrochar, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Arrochar in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Arrochar, NY
How long does it take to sell a home in Arrochar, NY?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 79 Days | 78 Days | -1.0% |
Summary: Homes in Arrochar had an average of 78 days on market in Mar 2024, down by 1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Arrochar has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Arrochar; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.