$6,531 Closing Credit*
$550,000
1,176 SqFt
3 Beds
•1 Full Bath, 1 Partial
Ryan O'Hare, Jessie Reamer, Listing Office: Venture Realty Partners
Is Berlin, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Berlin has remained a Seller's Market.
Key Takeaway
Berlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin, NY
How much do homes in Berlin, NY cost?
Median Sold Price
$290,000
$163/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$160,500(-35.6%)
Key Takeaway
Homes in Berlin have sold for 35.6% less than they did a month ago.
Summary: The median home sold price in Berlin was $290,000 in November 2024, down 35.6% from last month, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $290K | N/A |
| 3 Bedrooms | $251K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $650K | - | N/A |
Summary: Berlin housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Petersburg | $250.5K | $189.4K | -24.4% |
| Cropseyville | $520K | $345K | -33.7% |
| Berlin | $450.5K | $290K | -35.6% |
| Petersburgh | $322K | $129K | -59.9% |
Housing Supply in Berlin, NY
How many homes are available in Berlin, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Berlin real estate market had 5 homes for sale in November 2024, a 37.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Berlin housing inventory by bedroom type for November 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Berlin in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Berlin, NY
How long does it take to sell a home in Berlin, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 39 Days | +110.8% |
Summary: Homes in Berlin had an average of 39 days on market in Nov 2024, up by 110.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Berlin has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Berlin; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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