Is Slate Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Slate Hill is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Slate Hill has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Slate Hill, NY

How much do homes in Slate Hill, NY cost?

Median Sold Price

$569,500

$195/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$148,000(+35.1%)

Key Takeaway

Homes in Slate Hill have sold for 35.1% more than they did a month ago.

Summary: The median home sold price in Slate Hill was $569,500 in April 2024, up 35.1% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K-
N/A
4 $443K$589K
+33.0%
5+ -$550K
N/A

Summary: Slate Hill housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 33%, and 5+ bedroom homes did not change.

Housing Supply in Slate Hill, NY

How many homes are available in Slate Hill, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Slate Hill real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Slate Hill 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 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 Slate Hill, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Slate Hill in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Slate Hill, NY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
103 Days44 Days-57.0%

Summary: Homes in Slate Hill had an average of 44 days on market in Apr 2024, down by 57% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Slate Hill are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Slate Hill; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Slate Hill, NY

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