Is Williamsville, 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, Williamsville was a Neutral Market.
Key Takeaway
Williamsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Williamsville, NY
How much do homes in Williamsville, NY cost?
Median Sold Price
$330,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Williamsville have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Williamsville was $330,000 in May 2024, up 3.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $228.5K | $202.5K | -11.4% |
| 3 Bedrooms | $321K | $337.5K | +5.1% |
| 4 Bedrooms | $385K | $382.5K | -0.6% |
| 5+ Bedrooms | $399K | $366.7K | -8.1% |
Summary: Williamsville 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 decreased by 11.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
| Cheektowaga | $200.8K | $220K | +9.5% |
| Amherst | $307.2K | $330.5K | +7.6% |
| Williamsville | $319.5K | $330K | +3.3% |
Housing Supply in Williamsville, NY
How many homes are available in Williamsville, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Williamsville real estate market had 21 homes for sale in May 2024, a 4.5% decrease 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Williamsville 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 18.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Williamsville, 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 Williamsville in May 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.
Days on Market for Williamsville, NY
How long does it take to sell a home in Williamsville, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 15 Days | -52.1% |
Summary: Homes in Williamsville had an average of 15 days on market in May 2024, down by 52.1% 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 Williamsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Williamsville; 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.
