Is Clarendon, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Clarendon was a Neutral Market.
Key Takeaway
Clarendon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarendon, NY
How much do homes in Clarendon, NY cost?
Median Sold Price
$215,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clarendon have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Clarendon was $215,000 in May 2024, up 7.2% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120K | $135.4K | +12.8% |
| 3 Bedrooms | $185K | $230K | +24.3% |
| 4 Bedrooms | $215K | $310K | +44.2% |
| 5+ Bedrooms | - | $230K | N/A |
Summary: Clarendon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 44.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clarendon | $200.5K | $215K | +7.2% |
| Sweden | $210K | $215K | +2.4% |
| Murray | $180K | $175K | -2.8% |
| Holley | $200K | $180.5K | -9.8% |
Housing Supply in Clarendon, NY
How many homes are available in Clarendon, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Clarendon real estate market had 9 homes for sale in May 2024, a 28.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Clarendon housing inventory by bedroom type for May 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 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Clarendon, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Clarendon in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Clarendon, NY
How long does it take to sell a home in Clarendon, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 20 Days | +306.7% |
Summary: Homes in Clarendon had an average of 20 days on market in May 2024, up by 306.7% compared to last year.
Breakdown of Home Sale Times
2 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 Clarendon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Clarendon; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
