Is Baxter Estates, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxter Estates is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Baxter Estates has remained a Seller's Market.

Key Takeaway

Baxter Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Baxter Estates, NY

How much do homes in Baxter Estates, NY cost?

Median Sold Price

$1,575,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$1,150,000(+270.6%)

Key Takeaway

Homes in Baxter Estates have sold for 270.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $415K-
N/A
2 --
N/A
3 $895K$1.5M
+76.0%
4 --
N/A
5+ --
N/A

Summary: Baxter Estates housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 76%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Baxter Estates, NY

How many homes are available in Baxter Estates, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74-42.9%

Summary: The Baxter Estates real estate market had 4 homes for sale in October 2024, a 42.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 20
-100.0%
2 11
0.0%
3 21
-50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Baxter Estates housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baxter Estates, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Baxter Estates in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Baxter Estates, NY

How long does it take to sell a home in Baxter Estates, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days19 Days-25.0%

Summary: Homes in Baxter Estates had an average of 19 days on market in Oct 2024, down by 25% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baxter Estates are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Baxter Estates; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Baxter Estates, NY

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