Is Cobleskill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Cobleskill has remained a Buyer's Market.
Housing Prices in Cobleskill, NY
How much do homes in Cobleskill, NY cost?
Median Sold Price
$217,500
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Cobleskill was $217,500 in February 2024, up 20.9% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | - | N/A |
2 Bedrooms | $195K | $173K | -11.3% |
3 Bedrooms | $177.4K | $199.9K | +12.7% |
4 Bedrooms | $179.7K | $266.9K | +48.5% |
5+ Bedrooms | $180.8K | $219.5K | +21.4% |
Summary: Cobleskill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 48.5%, and 5+ bedroom homes increased by 21.4%.
Housing Supply in Cobleskill, NY
How many homes are available in Cobleskill, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 17 | -22.7% |
Summary: The Cobleskill real estate market had 17 homes for sale in February 2024, a 22.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Cobleskill housing inventory by bedroom type for February 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 20%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cobleskill in February 2024, down by 75.0% 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 Cobleskill, NY
How long does it take to sell a home in Cobleskill, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
46 Days | 5 Days | -89.2% |
Summary: Homes in Cobleskill had an average of 5 days on market in Feb 2024, down by 89.2% 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
Summary: During February 2024, 1 homes were sold in Cobleskill; 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.