Is Perry, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Perry has remained a Seller's Market.

Key Takeaway

Perry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Perry, NY

How much do homes in Perry, NY cost?

Median Sold Price

$161,250

$121/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$15,250(+10.4%)

Key Takeaway

Homes in Perry have sold for 10.4% more than they did a month ago.

Summary: The median home sold price in Perry was $161,250 in March 2024, up 10.4% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $146K$169.7K
+16.3%
3 $155K$156.2K
+0.8%
4 --
N/A
5+ --
N/A

Summary: Perry housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Perry, NY

How many homes are available in Perry, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1716-5.9%

Summary: The Perry real estate market had 16 homes for sale in March 2024, a 5.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 118
-27.3%
4 23
+50.0%
5+ 02
+100.0%

Summary: The Perry 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 25%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perry, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Perry in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.

Days on Market for Perry, NY

How long does it take to sell a home in Perry, NY?

Average Sale Time

Feb 2024Mar 2024CHANGE
10 Days35 Days+229.7%

Summary: Homes in Perry had an average of 35 days on market in Mar 2024, up by 229.7% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Perry are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Perry; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in Perry, NY

Nearby Markets to Perry, NY