$5,926 Closing Credit*
$499,000
1,967 SqFt
4 Beds
•2 Full Baths
Listing Office: RE/MAX Benchmark Realty Group
Is 12553, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 12553 has remained a Seller's Market.
Key Takeaway
12553 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 12553, NY
How much do homes in 12553, NY cost?
Median Sold Price
$397,500
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,000(+10.9%)
Key Takeaway
Homes in 12553 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 12553 was $397,500 in November 2024, up 10.9% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $155K | +12.7% |
| 2 Bedrooms | $275K | $297.2K | +8.1% |
| 3 Bedrooms | $380K | $416K | +9.5% |
| 4 Bedrooms | $540K | $565K | +4.6% |
| 5+ Bedrooms | $514.5K | $660K | +28.3% |
Summary: 12553 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Zip Codes
| 12520 | $477.5K | $540K | +13.1% |
| 12553 | $358.5K | $397.5K | +10.9% |
| 12518 | $460K | $475K | +3.3% |
Housing Supply in 12553, NY
How many homes are available in 12553, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 85 | -13.3% |
Summary: The 12553 real estate market had 85 homes for sale in November 2024, a 13.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 44 | 35 | -20.5% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 12553 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 12553, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 12553 in November 2024, down by 14.3% month-over-month. Of the 18 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 12553, NY
How long does it take to sell a home in 12553, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 34 Days | -34.9% |
Summary: Homes in 12553 had an average of 34 days on market in Nov 2024, down by 34.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 12553 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in 12553; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Copyright © 2024 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.