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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canaseraga is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Canaseraga has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Canaseraga, NY

How much do homes in Canaseraga, NY cost?

Median Sold Price

$101,000

$57/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,000(+46.4%)

Key Takeaway

Homes in Canaseraga have sold for 46.4% more than they did a year ago.

Summary: The median home sold price in Canaseraga was $101,000 in April 2024, up 46.4% from last year, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $150K$17K
-88.7%
2 $59.5K$70K
+17.6%
3 -$195.7K
N/A
4 -$101K
N/A
5+ --
N/A

Summary: Canaseraga housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 88.7%, 2 bedroom homes increased by 17.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Canaseraga, NY

How many homes are available in Canaseraga, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The Canaseraga real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 00
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Canaseraga 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canaseraga, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Canaseraga in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Canaseraga, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days27 Days+71.9%

Summary: Homes in Canaseraga had an average of 27 days on market in Apr 2024, up by 71.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Canaseraga are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Canaseraga; 50% of homes were sold within 30 days, 50% 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 10 Days Ago

Newest Listings in Canaseraga, NY

Nearby Markets to Canaseraga, NY