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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sardinia is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Sardinia has remained a Seller's Market.

Key Takeaway

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

How much do homes in Sardinia, NY cost?

Median Sold Price

$207,607

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$12,607(+6.5%)

Key Takeaway

Homes in Sardinia have sold for 6.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $72K-
N/A
2 $186.3K$180K
-3.4%
3 $190K$207.6K
+9.3%
4 $273.7K$225K
-17.8%
5+ $180K$250K
+38.9%

Median Sold Price Compared To Nearby Cities

Sardinia
+6.5%
Chaffee
-5.9%

How many homes are available in Sardinia, NY?

Number of Homes For Sale

Nov 2022Dec 2022%
105-50.0%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 10
-100.0%
3 53
-40.0%
4 32
-33.3%
5+ 10
-100.0%

Number of Homes Sold

Nov 2022Dec 2022%
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Dec 2021Dec 2022%
13 Days23 Days+74.4%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Sardinia, NY

Sardinia, NY has 5 homes on the market. The number of listings in Sardinia, NY decreased by 50% between November 2022 and December 2022. The median list price of listings available in December 2022 was $207,607, while the average time on the real estate market was 23 days. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went down by 3.4%, the cost of 3 bedrooms properties went up by 9.3%, the cost of 4 bedrooms properties went down by 17.8%, 5 bedrooms properties prices increased by 38.9%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 100%, the quantity of 3 bedrooms homes went down by 40%, 4 bedrooms homes inventory decreased by 33.3%, the quantity of 5 bedrooms homes went down by 100%. Sardinia, NY housing market in December 2022 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 2 sold below.