Is Ellwanger Barry, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ellwanger Barry is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Ellwanger Barry, NY

How much do homes in Ellwanger Barry, NY cost?

Median Sold Price

$251,900

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,400(+29.5%)

Key Takeaway

Homes in Ellwanger Barry have sold for 29.5% more than they did a year ago.

Summary: The median home sold price in Ellwanger Barry was $251,900 in April 2024, up 29.5% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $176K$135K
-23.3%
3 $178.7K$253K
+41.5%
4 $202K$251.9K
+24.7%
5+ $263.5K$360K
+36.6%

Summary: Ellwanger Barry housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 41.5%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 36.6%.

Housing Supply in Ellwanger Barry, NY

How many homes are available in Ellwanger Barry, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
610+66.7%

Summary: The Ellwanger Barry real estate market had 10 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 14
+300.0%
4 23
+50.0%
5+ 33
0.0%

Summary: The Ellwanger Barry housing inventory by bedroom type for April 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 300%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 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 Ellwanger Barry, 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 Ellwanger Barry in April 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 Ellwanger Barry, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days7 Days+55.6%

Summary: Homes in Ellwanger Barry had an average of 7 days on market in Apr 2024, up by 55.6% 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 Ellwanger Barry are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Ellwanger Barry; 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 18 Days Ago

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