Is Holland Patent, 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, Holland Patent has remained a Seller's Market.
Key Takeaway
Holland Patent is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Holland Patent, NY
How much do homes in Holland Patent, NY cost?
Median Sold Price
$230,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Holland Patent have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Holland Patent was $230,000 in March 2024, up 4.5% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $188.5K | $232.5K | +23.3% |
| 3 Bedrooms | $236K | $191.1K | -19.0% |
| 4 Bedrooms | $208K | $216K | +3.8% |
| 5+ Bedrooms | $800K | $355K | -55.6% |
Summary: Holland Patent 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 23.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 55.6%.
Median Sold Price Compared To Nearby Cities
| Holland Patent | $220K | $230K | +4.5% |
| Trenton | $252.5K | $231K | -8.5% |
Housing Supply in Holland Patent, NY
How many homes are available in Holland Patent, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Holland Patent real estate market had 9 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Holland Patent housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holland Patent, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Holland Patent in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Holland Patent, NY
How long does it take to sell a home in Holland Patent, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 223 Days | 37 Days | -83.3% |
Summary: Homes in Holland Patent had an average of 37 days on market in Mar 2024, down by 83.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Holland Patent are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Holland Patent; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
