Is Pittsford, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Pittsford has remained a Seller's Market.
Key Takeaway
Pittsford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pittsford, NY
How much do homes in Pittsford, NY cost?
Median Sold Price
$465,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Pittsford have sold for 12% more than they did a year ago.
Summary: The median home sold price in Pittsford was $465,000 in June 2024, up 12% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $142K | $177K | +24.6% |
| 2 Bedrooms | $297.5K | $328K | +10.3% |
| 3 Bedrooms | $339.5K | $388K | +14.3% |
| 4 Bedrooms | $450K | $487.5K | +8.3% |
| 5+ Bedrooms | $602.2K | $608.7K | +1.1% |
Summary: Pittsford housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.6%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in Pittsford, NY
How many homes are available in Pittsford, NY?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 116 | 94 | -19.0% |
Summary: The Pittsford real estate market had 94 homes for sale in June 2024, a 19.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 33 | 26 | -21.2% |
| 4 Bedrooms | 54 | 41 | -24.1% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Pittsford housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 39 | 33 | -15.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsford, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in Pittsford in June 2024, down by 15.4% month-over-month. Of the 33 sold homes, 12% were sold under asking, 15% were sold at asking, and 73% were sold over asking.
Days on Market for Pittsford, NY
How long does it take to sell a home in Pittsford, NY?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 33 Days | 6 Days | -81.5% |
Summary: Homes in Pittsford had an average of 6 days on market in Jun 2024, down by 81.5% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pittsford are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 33 homes were sold in Pittsford; 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.
