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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tivoli is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices

How much do homes in Tivoli, NY cost?

Median Sold Price

$345,000

$239/sqft

Based on all homes sold in August 2023.

Difference Since Last Month

-$118,750(-25.6%)

Key Takeaway

Homes in Tivoli have sold for 25.6% less than they did a month ago.

Summary: The median home sold price in Tivoli was $345,000 in August 2023, down 25.6% from last month, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 --
N/A
2 --
N/A
3 $495K$565K
+14.1%
4 $432.5K$345K
-20.2%
5+ -$220.5K
N/A

Summary: Tivoli housing prices by bedroom type for August 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.1%, 4 bedroom homes decreased by 20.2%, and 5+ bedroom homes did not change.

Housing Supply

How many homes are available in Tivoli, NY?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
880.0%

Summary: The Tivoli real estate market had 8 homes for sale in August 2023, the same as July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
0.0%
2 23
+50.0%
3 22
0.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Tivoli housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tivoli, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Tivoli in August 2023, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market

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

Average Sale Time

Jul 2023Aug 2023CHANGE
234 Days82 Days-64.7%

Summary: Homes in Tivoli had an average of 82 days on market in Aug 2023, down by 64.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tivoli has remained consistent over time.

Summary: During August 2023, 3 homes were sold in Tivoli; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 26 Days Ago

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