Is Clifton Springs, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clifton Springs is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Clifton Springs, NY

How much do homes in Clifton Springs, NY cost?

Median Sold Price

$222,000

$117/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,500(+2.5%)

Key Takeaway

Homes in Clifton Springs have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Clifton Springs was $222,000 in March 2024, up 2.5% from last year, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $61K-
N/A
2 $165K$266K
+61.2%
3 $218.2K$190K
-12.9%
4 $180K$221K
+22.8%
5+ $300K$395K
+31.7%

Summary: Clifton Springs 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 increased by 61.2%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 31.7%.

Housing Supply in Clifton Springs, NY

How many homes are available in Clifton Springs, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
75-28.6%

Summary: The Clifton Springs real estate market had 5 homes for sale in March 2024, a 28.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 22
0.0%
5+ 21
-50.0%

Summary: The Clifton Springs 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

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 Clifton Springs, 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 Clifton Springs in March 2024, down by 50.0% month-over-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 Clifton Springs, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
19 Days7 Days-63.2%

Summary: Homes in Clifton Springs had an average of 7 days on market in Mar 2024, down by 63.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clifton Springs are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Clifton Springs; 100% of homes were sold within 30 days, 0% 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 25 Days Ago

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