Is Lake View, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Lake View was a Seller's Market.
Key Takeaway
Lake View is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Lake View, NY cost?
Median Sold Price
$287,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
-$17,500(-5.7%)
Key Takeaway
Homes in Lake View have sold for 5.7% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.8K | $201K | +4.2% |
| 3 Bedrooms | $285K | $265K | -7.0% |
| 4 Bedrooms | $360K | $345K | -4.2% |
| 5+ Bedrooms | - | $351K | N/A |
Median Sold Price Compared To Nearby Cities
| Evans | $183K | $190K | +3.8% |
| Derby | $215K | $205K | -4.7% |
| Lake View | $305K | $287.5K | -5.7% |
How many homes are available in Lake View, NY?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 11 | 10 | -9.1% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lake View, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 54 Days | 10 Days | -81.7% |
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
Key Takeaway
Many homes in Lake View are selling fast, if you're buying plan to act quickly.
