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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claverack is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Claverack was a Seller's Market.

Key Takeaway

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

Housing Prices in Claverack, NY

How much do homes in Claverack, NY cost?

Median Sold Price

$270,000

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$188,467(-41.1%)

Key Takeaway

Homes in Claverack have sold for 41.1% less than they did a year ago.

Summary: The median home sold price in Claverack was $270,000 in March 2024, down 41.1% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $565K$317.5K
-43.8%
3 $443.4K$270K
-39.1%
4 -$322.5K
N/A
5+ $530K$383.3K
-27.7%

Summary: Claverack housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.8%, 3 bedroom homes decreased by 39.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 27.7%.

Median Sold Price Compared To Nearby Cities

Greenport
+1.6%
Claverack
-41.1%

Housing Supply in Claverack, NY

How many homes are available in Claverack, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1013+30.0%

Summary: The Claverack real estate market had 13 homes for sale in March 2024, a 30.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 45
+25.0%
4 23
+50.0%
5+ 23
+50.0%

Summary: The Claverack 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 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

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 Claverack, 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 Claverack in March 2024, the same as the previous 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 Claverack, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
123 Days158 Days+28.5%

Summary: Homes in Claverack had an average of 158 days on market in Mar 2024, up by 28.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Claverack are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Claverack; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

Newest Listings in Claverack, NY

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