Is Granby, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granby is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Granby has remained a Seller's Market.

Key Takeaway

Granby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Granby, NY

How much do homes in Granby, NY cost?

Median Sold Price

$219,500

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$43,375(+24.6%)

Key Takeaway

Homes in Granby have sold for 24.6% more than they did a year ago.

Summary: The median home sold price in Granby was $219,500 in August 2024, up 24.6% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $163K$142K
-12.9%
3 $185K$249.4K
+34.8%
4 $195K$247K
+26.7%
5+ $154.9K$260K
+67.8%

Summary: Granby housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.9%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 67.8%.

Median Sold Price Compared To Nearby Cities

Volney
+25.0%
Granby
+24.6%
Schroeppel
+10.4%
Minetto
+10.3%
Fulton
+3.4%

Housing Supply in Granby, NY

How many homes are available in Granby, NY?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
148-42.9%

Summary: The Granby real estate market had 8 homes for sale in August 2024, a 42.9% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 64
-33.3%
4 64
-33.3%
5+ 10
-100.0%

Summary: The Granby housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granby, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Granby in August 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Granby, NY

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

Average Sale Time

Aug 2023Aug 2024CHANGE
21 Days23 Days+8.5%

Summary: Homes in Granby had an average of 23 days on market in Aug 2024, up by 8.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Granby are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 2 homes were sold in Granby; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in Granby, NY

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