Is Clarence, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clarence was a Seller's Market.
Housing Prices in Clarence, NY
How much do homes in Clarence, NY cost?
Median Sold Price
$496,666
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clarence was $496,666 in March 2024, up 4.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $210K | +40.0% |
2 Bedrooms | $377.2K | $428K | +13.5% |
3 Bedrooms | $350K | $355.7K | +1.6% |
4 Bedrooms | $590K | $600K | +1.7% |
5+ Bedrooms | $737.5K | $767.4K | +4.1% |
Summary: Clarence housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
Clarence Center | $462.5K | $540K | +16.8% |
Royalton | $189.9K | $217K | +14.2% |
Newstead | $295K | $325K | +10.2% |
East Amherst | $425K | $450.5K | +6.0% |
Clarence | $476.5K | $496.6K | +4.2% |
Housing Supply in Clarence, NY
How many homes are available in Clarence, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 78 | +16.4% |
Summary: The Clarence real estate market had 78 homes for sale in March 2024, a 16.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 23 | 23 | 0.0% |
4 Bedrooms | 28 | 31 | +10.7% |
5+ Bedrooms | 9 | 15 | +66.7% |
Summary: The Clarence 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Clarence in March 2024, down by 21.4% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for Clarence, NY
How long does it take to sell a home in Clarence, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 22 Days | -53.8% |
Summary: Homes in Clarence had an average of 22 days on market in Mar 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Clarence; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.