Is Burt, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Burt is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Burt, NY

How much do homes in Burt, NY cost?

Median Sold Price

$750,000

$252/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$390,000(+108.3%)

Key Takeaway

Homes in Burt have sold for 108.3% more than they did a month ago.

Summary: The median home sold price in Burt was $750,000 in November 2024, up 108.3% from last month, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $461K-
N/A
3 $360K-
N/A
4 $309.9K$750K
+142.0%
5+ --
N/A

Summary: Burt 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 increased by 142%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Burt
+108.3%
Appleton
-52.3%
Olcott
-55.6%

Housing Supply in Burt, NY

How many homes are available in Burt, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
62-66.7%

Summary: The Burt real estate market had 2 homes for sale in November 2024, a 66.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 10
-100.0%
4 32
-33.3%
5+ 10
-100.0%

Summary: The Burt 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 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Burt, 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 Burt in November 2024, down by 66.7% 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 Burt, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
42 Days86 Days+101.6%

Summary: Homes in Burt had an average of 86 days on market in Nov 2024, up by 101.6% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Burt has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Burt; 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.

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

Report Updated 21 Days Ago

Newest Listings in Burt, NY

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