Is Delaware / West Ferry, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Delaware / West Ferry was a Seller's Market.
Key Takeaway
Delaware / West Ferry is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Delaware / West Ferry, NY
How much do homes in Delaware / West Ferry, NY cost?
Median Sold Price
$335,000
$281/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Delaware / West Ferry have sold for 7.5% more than they did a month ago.
Summary: The median home sold price in Delaware / West Ferry was $335,000 in March 2024, up 7.5% from last month, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.4K | $170K | -10.3% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $351K | $500K | +42.5% |
| 4 Bedrooms | $450K | - | N/A |
| 5+ Bedrooms | $316.2K | - | N/A |
Summary: Delaware / West Ferry housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 42.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Albright | $1.0M | $1.2M | +14.3% |
| Delaware / West Ferry | $311.7K | $335K | +7.5% |
Housing Supply in Delaware / West Ferry, NY
How many homes are available in Delaware / West Ferry, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Delaware / West Ferry real estate market had 16 homes for sale in March 2024, a 15.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Delaware / West Ferry housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware / West Ferry, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Delaware / West Ferry in March 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Delaware / West Ferry, NY
How long does it take to sell a home in Delaware / West Ferry, NY?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 119 Days | +179.0% |
Summary: Homes in Delaware / West Ferry had an average of 119 days on market in Mar 2024, up by 179% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Delaware / West Ferry are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 2 homes were sold in Delaware / West Ferry; 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.
