Is Gansevoort, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Gansevoort was a Neutral Market.
Housing Prices in Gansevoort, NY
How much do homes in Gansevoort, NY cost?
Median Sold Price
$449,250
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gansevoort was $449,250 in April 2024, up 5.7% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $269K | - | N/A |
2 Bedrooms | $265K | $232.5K | -12.3% |
3 Bedrooms | $393.6K | $419.7K | +6.6% |
4 Bedrooms | $484.5K | $515K | +6.3% |
5+ Bedrooms | $638.7K | $515K | -19.4% |
Summary: Gansevoort 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 12.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
Northumberland | $310K | $340K | +9.7% |
Greenfield | $367.5K | $400.5K | +9.0% |
Gansevoort | $425K | $449.2K | +5.7% |
Moreau | $282.4K | $290K | +2.7% |
Wilton | $479K | $475K | -0.8% |
Housing Supply in Gansevoort, NY
How many homes are available in Gansevoort, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 33 | -25.0% |
Summary: The Gansevoort real estate market had 33 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 31 | 23 | -25.8% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Gansevoort 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 decreased by 25.8%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 6 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Gansevoort in April 2024, down by 57.1% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Gansevoort, NY
How long does it take to sell a home in Gansevoort, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 34 Days | -35.1% |
Summary: Homes in Gansevoort had an average of 34 days on market in Apr 2024, down by 35.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Gansevoort; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.