Is Wawarsing, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wawarsing was a Neutral Market.
Key Takeaway
Wawarsing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wawarsing, NY
How much do homes in Wawarsing, NY cost?
Median Sold Price
$260,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Wawarsing have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Wawarsing was $260,000 in April 2024, down 1.5% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $250K | N/A |
| 2 Bedrooms | $147.5K | $203.7K | +38.1% |
| 3 Bedrooms | $251.5K | $271.3K | +7.9% |
| 4 Bedrooms | $312K | $260K | -16.7% |
| 5+ Bedrooms | $311.5K | $322K | +3.4% |
Summary: Wawarsing 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 38.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Kerhonkson | $326K | $372.5K | +14.3% |
| Wawarsing | $264K | $260K | -1.5% |
| Ellenville | $269.5K | $250K | -7.2% |
Housing Supply in Wawarsing, NY
How many homes are available in Wawarsing, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 41 | -8.9% |
Summary: The Wawarsing real estate market had 41 homes for sale in April 2024, a 8.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Wawarsing 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wawarsing, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Wawarsing in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Wawarsing, NY
How long does it take to sell a home in Wawarsing, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 80 Days | 62 Days | -22.5% |
Summary: Homes in Wawarsing had an average of 62 days on market in Apr 2024, down by 22.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wawarsing are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Wawarsing; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.