Is Greece, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Greece has remained a Seller's Market.
Key Takeaway
Greece is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greece, NY
How much do homes in Greece, NY cost?
Median Sold Price
$225,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Greece have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Greece was $225,000 in April 2024, up 15.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $123.5K | $75K | -39.3% |
| 2 Bedrooms | $155K | $180K | +16.1% |
| 3 Bedrooms | $186.7K | $225K | +20.5% |
| 4 Bedrooms | $235K | $250K | +6.4% |
| 5+ Bedrooms | $271.2K | $330K | +21.7% |
Summary: Greece housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.3%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 20.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 21.7%.
Housing Supply in Greece, NY
How many homes are available in Greece, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 202 | 190 | -5.9% |
Summary: The Greece real estate market had 190 homes for sale in April 2024, a 5.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 21 | 26 | +23.8% |
| 3 Bedrooms | 107 | 99 | -7.5% |
| 4 Bedrooms | 57 | 53 | -7.0% |
| 5+ Bedrooms | 16 | 11 | -31.3% |
Summary: The Greece 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 increased by 23.8%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 31.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 81 | 43 | -46.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greece, you could pay more than the asking price. 93% of homes here sold above asking price last month.
Summary: A total of 43 homes were sold or pending in Greece in April 2024, down by 46.9% month-over-month. Of the 43 sold homes, 7% were sold under asking, 0% were sold at asking, and 93% were sold over asking.
Days on Market for Greece, NY
How long does it take to sell a home in Greece, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 7 Days | -28.9% |
Summary: Homes in Greece had an average of 7 days on market in Apr 2024, down by 28.9% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greece are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 43 homes were sold in Greece; 98% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
