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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Selkirk is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Selkirk was a Seller's Market.

Key Takeaway

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

Housing Prices in Selkirk, NY

How much do homes in Selkirk, NY cost?

Median Sold Price

$305,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$34,000(+12.5%)

Key Takeaway

Homes in Selkirk have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in Selkirk was $305,000 in April 2024, up 12.5% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $194.5K$214.9K
+10.5%
3 $265K$300K
+13.2%
4 $350K$430K
+22.9%
5+ $412.4K$602.5K
+46.1%

Summary: Selkirk 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 10.5%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 46.1%.

Median Sold Price Compared To Nearby Cities

Selkirk
+12.5%
Ravena
+3.6%
Coeymans
+1.5%
Glenmont
-3.6%

Housing Supply in Selkirk, NY

How many homes are available in Selkirk, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1716-5.9%

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

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 78
+14.3%
4 65
-16.7%
5+ 11
0.0%

Summary: The Selkirk 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 decreased by 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Selkirk in April 2024, down by 60.0% 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 Selkirk, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days52 Days-14.4%

Summary: Homes in Selkirk had an average of 52 days on market in Apr 2024, down by 14.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Selkirk; 50% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Selkirk, NY

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