Is Baxter Estates, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxter Estates is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Baxter Estates has remained a Seller's Market.

Key Takeaway

Baxter Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Baxter Estates, NY

How much do homes in Baxter Estates, NY cost?

Median Sold Price

$830,000

$546/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$900,000(-52.0%)

Key Takeaway

Homes in Baxter Estates have sold for 52% less than they did a month ago.

Summary: The median home sold price in Baxter Estates was $830,000 in March 2024, down 52% from last month, and the median price per square foot was $546.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $1.7M$830K
-52.0%
5+ --
N/A

Summary: Baxter Estates 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 decreased by 52%, and 5+ bedroom homes did not change.

Housing Supply in Baxter Estates, NY

How many homes are available in Baxter Estates, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
220.0%

Summary: The Baxter Estates real estate market had 2 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 00
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Baxter Estates housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Baxter Estates, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Baxter Estates in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Baxter Estates, NY

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

Average Sale Time

Feb 2024Mar 2024CHANGE
27 Days41 Days+51.9%

Summary: Homes in Baxter Estates had an average of 41 days on market in Mar 2024, up by 51.9% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Baxter Estates has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Baxter Estates; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Baxter Estates, NY

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