Is Clarence, 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, Clarence was a Seller's Market.
Housing Prices in Clarence, NY
How much do homes in Clarence, NY cost?
Median Sold Price
$490,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clarence was $490,000 in April 2024, up 2.8% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $210K | +75.0% |
2 Bedrooms | $377.2K | $426.5K | +13.1% |
3 Bedrooms | $350K | $363.5K | +3.9% |
4 Bedrooms | $603.5K | $590K | -2.2% |
5+ Bedrooms | $625K | $787.5K | +26.0% |
Summary: Clarence housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 26%.
Median Sold Price Compared To Nearby Cities
Royalton | $180K | $218K | +21.1% |
Clarence Center | $465K | $545K | +17.2% |
Newstead | $292.5K | $330K | +12.8% |
East Amherst | $425.6K | $450K | +5.7% |
Clarence | $476.5K | $490K | +2.8% |
Housing Supply in Clarence, NY
How many homes are available in Clarence, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 77 | -8.3% |
Summary: The Clarence real estate market had 77 homes for sale in April 2024, a 8.3% 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 | 9 | 4 | -55.6% |
3 Bedrooms | 21 | 18 | -14.3% |
4 Bedrooms | 38 | 36 | -5.3% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Clarence 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 55.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 8 | -46.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Clarence in April 2024, down by 46.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Clarence, NY
How long does it take to sell a home in Clarence, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 8 Days | -69.3% |
Summary: Homes in Clarence had an average of 8 days on market in Apr 2024, down by 69.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Clarence; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.