Is Getzville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Getzville has remained a Seller's Market.
Housing Prices in Getzville, NY
How much do homes in Getzville, NY cost?
Median Sold Price
$415,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Getzville was $415,000 in March 2024, up 31.7% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | - | N/A |
2 Bedrooms | $166.1K | $190K | +14.4% |
3 Bedrooms | $316.5K | $337.3K | +6.6% |
4 Bedrooms | $446.5K | $480K | +7.5% |
5+ Bedrooms | $500K | $599.5K | +19.9% |
Summary: Getzville 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 14.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Cities
Getzville | $315K | $415K | +31.7% |
Amherst | $303.7K | $332.9K | +9.6% |
East Amherst | $425K | $450.5K | +6.0% |
Housing Supply in Getzville, NY
How many homes are available in Getzville, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The Getzville real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 8 | 4 | -50.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Getzville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Getzville in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Getzville, NY
How long does it take to sell a home in Getzville, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 4 Days | -78.8% |
Summary: Homes in Getzville had an average of 4 days on market in Mar 2024, down by 78.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Getzville; 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.