$344,900
0.28 Acres
Land
•1 Full Bath
Janet Giacovelli, Listing Office: Berkshire Hathaway Home Services CNY
Is Bernhards Bay, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bernhards Bay was a Buyer's Market.
Key Takeaway
Bernhards Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bernhards Bay, NY
How much do homes in Bernhards Bay, NY cost?
Median Sold Price
$302,000
$164/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$85,000(+39.2%)
Key Takeaway
Homes in Bernhards Bay have sold for 39.2% more than they did a month ago.
Summary: The median home sold price in Bernhards Bay was $302,000 in November 2024, up 39.2% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217K | $75K | -65.4% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $302K | N/A |
| 4 Bedrooms | - | $724.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bernhards Bay housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 65.4%, 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.
Housing Supply in Bernhards Bay, NY
How many homes are available in Bernhards Bay, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Bernhards Bay real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bernhards Bay housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bernhards Bay, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Bernhards Bay in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Bernhards Bay, NY
How long does it take to sell a home in Bernhards Bay, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 283 Days | 21 Days | -92.5% |
Summary: Homes in Bernhards Bay had an average of 21 days on market in Nov 2024, down by 92.5% compared to last month.
Breakdown of Home Sale Times
2 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 Bernhards Bay are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Bernhards Bay; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
