Is Saint Albans, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Albans is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Saint Albans has remained a Buyer's Market.

Key Takeaway

Saint Albans is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Saint Albans, NY

How much do homes in Saint Albans, NY cost?

Median Sold Price

$674,000

$420/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+3.9%)

Key Takeaway

Homes in Saint Albans have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Saint Albans was $674,000 in April 2024, up 3.9% from last year, and the median price per square foot was $420.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $525K$577.5K
+10.0%
3 $620K$625K
+0.8%
4 $653.2K$730K
+11.7%
5+ $854K$950K
+11.2%

Summary: Saint Albans housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Neighborhoods

Saint Albans
+3.9%
Hollis
+3.2%
Southeastern Queens
+2.2%
Cambria Heights
+1.5%

Housing Supply in Saint Albans, NY

How many homes are available in Saint Albans, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
121126+4.1%

Summary: The Saint Albans real estate market had 126 homes for sale in April 2024, a 4.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 55
0.0%
3 5662
+10.7%
4 2830
+7.1%
5+ 3128
-9.7%

Summary: The Saint Albans 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 remained the same, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 9.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Albans, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Saint Albans in April 2024, down by 37.5% month-over-month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Saint Albans, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
99 Days98 Days-0.8%

Summary: Homes in Saint Albans had an average of 98 days on market in Apr 2024, down by 0.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saint Albans are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 10 homes were sold in Saint Albans; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

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