Is West Henrietta, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, West Henrietta has remained a Seller's Market.
Key Takeaway
West Henrietta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Henrietta, NY
How much do homes in West Henrietta, NY cost?
Median Sold Price
$315,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Henrietta have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in West Henrietta was $315,000 in March 2024, up 12.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107K | - | N/A |
| 2 Bedrooms | $225K | $245K | +8.9% |
| 3 Bedrooms | $279.5K | $313.5K | +12.2% |
| 4 Bedrooms | $310K | $373K | +20.3% |
| 5+ Bedrooms | $402K | $303K | -24.6% |
Summary: West Henrietta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 24.6%.
Housing Supply in West Henrietta, NY
How many homes are available in West Henrietta, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Summary: The West Henrietta real estate market had 19 homes for sale in March 2024, a 26.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The West Henrietta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Henrietta, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in West Henrietta in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for West Henrietta, NY
How long does it take to sell a home in West Henrietta, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 6 Days | 13 Days | +99.7% |
Summary: Homes in West Henrietta had an average of 13 days on market in Mar 2024, up by 99.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Henrietta are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in West Henrietta; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
