Is Perinton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Perinton has remained a Seller's Market.
Key Takeaway
Perinton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Perinton, NY
How much do homes in Perinton, NY cost?
Median Sold Price
$345,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Perinton have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Perinton was $345,000 in May 2024, up 7.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134.5K | $142K | +5.6% |
| 2 Bedrooms | $217.9K | $232K | +6.4% |
| 3 Bedrooms | $285K | $320K | +12.3% |
| 4 Bedrooms | $363.2K | $390.5K | +7.5% |
| 5+ Bedrooms | $500K | $510K | +2.0% |
Summary: Perinton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| East Rochester | $170K | $211K | +24.1% |
| Penfield | $322.5K | $351.4K | +9.0% |
| Perinton | $321.2K | $345K | +7.4% |
| Fairport | $318K | $340K | +6.9% |
Housing Supply in Perinton, NY
How many homes are available in Perinton, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 86 | 94 | +9.3% |
Summary: The Perinton real estate market had 94 homes for sale in May 2024, a 9.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 27 | 33 | +22.2% |
| 4 Bedrooms | 40 | 44 | +10.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Perinton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 22 | -24.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perinton, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Perinton in May 2024, down by 24.1% month-over-month. Of the 22 sold homes, 9% were sold under asking, 9% were sold at asking, and 82% were sold over asking.
Days on Market for Perinton, NY
How long does it take to sell a home in Perinton, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 6 Days | -13.2% |
Summary: Homes in Perinton had an average of 6 days on market in May 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Perinton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 22 homes were sold in Perinton; 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.
