Is Great Valley, 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, Great Valley was a Neutral Market.
Housing Prices in Great Valley, NY
How much do homes in Great Valley, NY cost?
Median Sold Price
$230,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Great Valley was $230,000 in April 2024, down 8.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52K | $198.2K | +281.3% |
2 Bedrooms | $154.7K | $222.5K | +43.8% |
3 Bedrooms | $276.5K | $265K | -4.2% |
4 Bedrooms | $232.5K | $367K | +57.8% |
5+ Bedrooms | $572.5K | $250K | -56.3% |
Summary: Great Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 281.3%, 2 bedroom homes increased by 43.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 57.8%, and 5+ bedroom homes decreased by 56.3%.
Median Sold Price Compared To Nearby Cities
Salamanca | $90K | $92.5K | +2.8% |
Great Valley | $252K | $230K | -8.7% |
Housing Supply in Great Valley, NY
How many homes are available in Great Valley, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Summary: The Great Valley real estate market had 9 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Great Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -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
Summary: A total of 1 homes were sold or pending in Great Valley 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 Great Valley, NY
How long does it take to sell a home in Great Valley, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 13 Days | -35.0% |
Summary: Homes in Great Valley had an average of 13 days on market in Apr 2024, down by 35% 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
Summary: During April 2024, 1 homes were sold in Great Valley; 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.