Is Guilderland, 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, Guilderland has remained a Seller's Market.
Housing Prices in Guilderland, NY
How much do homes in Guilderland, NY cost?
Median Sold Price
$320,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Guilderland was $320,000 in March 2024, down 0.2% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $168K | $173K | +3.0% |
2 Bedrooms | $235K | $245K | +4.3% |
3 Bedrooms | $297.4K | $315K | +5.9% |
4 Bedrooms | $466K | $420K | -9.9% |
5+ Bedrooms | $387.5K | $450K | +16.1% |
Summary: Guilderland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 16.1%.
Median Sold Price Compared To Nearby Cities
Knox | $302.5K | $331.2K | +9.5% |
Altamont | $328.5K | $340K | +3.5% |
Guilderland | $320.5K | $320K | -0.2% |
Housing Supply in Guilderland, NY
How many homes are available in Guilderland, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 60 | -3.2% |
Summary: The Guilderland real estate market had 60 homes for sale in March 2024, a 3.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Guilderland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 21 | +110.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Guilderland in March 2024, up by 110.0% month-over-month. Of the 21 sold homes, 38% were sold under asking, 19% were sold at asking, and 43% were sold over asking.
Days on Market for Guilderland, NY
How long does it take to sell a home in Guilderland, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 32 Days | +28.6% |
Summary: Homes in Guilderland had an average of 32 days on market in Mar 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Guilderland; 62% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.