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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Watervliet is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Watervliet, NY

How much do homes in Watervliet, NY cost?

Median Sold Price

$235,027

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,077(+6.9%)

Key Takeaway

Homes in Watervliet have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Watervliet was $235,027 in April 2024, up 6.9% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $110K-
N/A
2 $169K$198.5K
+17.5%
3 $220K$245.5K
+11.6%
4 $250K$234.9K
-6.0%
5+ $239.9K$248.1K
+3.4%

Summary: Watervliet 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 17.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Cities

Troy
+9.5%
Watervliet
+6.9%
Green Island
+1.0%

Housing Supply in Watervliet, NY

How many homes are available in Watervliet, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3534-2.9%

Summary: The Watervliet real estate market had 34 homes for sale in April 2024, a 2.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 78
+14.3%
4 1311
-15.4%
5+ 910
+11.1%

Summary: The Watervliet 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 16.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Watervliet, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Watervliet in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 33% were sold at asking, and 42% were sold over asking.

Days on Market for Watervliet, NY

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

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days18 Days-53.7%

Summary: Homes in Watervliet had an average of 18 days on market in Apr 2024, down by 53.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were 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 Watervliet are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 12 homes were sold in Watervliet; 92% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% 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 8 Days Ago

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