Is Sand Lake, 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, Sand Lake was a Seller's Market.
Housing Prices in Sand Lake, NY
How much do homes in Sand Lake, NY cost?
Median Sold Price
$351,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sand Lake was $351,000 in April 2024, up 4.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $366K | N/A |
2 Bedrooms | $254K | $249.9K | -1.6% |
3 Bedrooms | $301.7K | $319.2K | +5.8% |
4 Bedrooms | $390K | $397.5K | +1.9% |
5+ Bedrooms | $660K | $419.9K | -36.4% |
Summary: Sand Lake 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 decreased by 1.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 36.4%.
Median Sold Price Compared To Nearby Cities
Wynantskill | $270K | $340K | +25.9% |
Sand Lake | $336.8K | $351K | +4.2% |
Averill Park | $329.9K | $330.7K | 0.2% |
Housing Supply in Sand Lake, NY
How many homes are available in Sand Lake, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Summary: The Sand Lake real estate market had 13 homes for sale in April 2024, a 23.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sand Lake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Sand Lake in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Sand Lake, NY
How long does it take to sell a home in Sand Lake, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 10 Days | -84.8% |
Summary: Homes in Sand Lake had an average of 10 days on market in Apr 2024, down by 84.8% compared to last year.
Breakdown of Home Sale Times
2 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, 2 homes were sold in Sand Lake; 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.