Is New Scotland, 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, New Scotland was a Buyer's Market.
Housing Prices in New Scotland, NY
How much do homes in New Scotland, NY cost?
Median Sold Price
$365,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Scotland was $365,000 in April 2024, up 14.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $75.9K | -45.8% |
2 Bedrooms | $230K | $232.5K | +1.1% |
3 Bedrooms | $297.5K | $367.5K | +23.5% |
4 Bedrooms | $339K | $410K | +20.9% |
5+ Bedrooms | $541K | $337.4K | -37.6% |
Summary: New Scotland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.8%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes decreased by 37.6%.
Median Sold Price Compared To Nearby Cities
Delmar | $340K | $410K | +20.6% |
New Scotland | $320K | $365K | +14.1% |
Voorheesville | $335K | $373K | +11.3% |
Slingerlands | $450K | $397K | -11.8% |
Housing Supply in New Scotland, NY
How many homes are available in New Scotland, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The New Scotland real estate market had 20 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The New Scotland 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 200%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in New Scotland in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for New Scotland, NY
How long does it take to sell a home in New Scotland, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 7 Days | +87.5% |
Summary: Homes in New Scotland had an average of 7 days on market in Apr 2024, up by 87.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in New Scotland; 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.