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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caneadea is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Caneadea has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Caneadea, NY

How much do homes in Caneadea, NY cost?

Median Sold Price

$165,700

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,700(+3.6%)

Key Takeaway

Homes in Caneadea have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Caneadea was $165,700 in October 2024, up 3.6% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $52.5K-
N/A
2 $170K$165.3K
-2.7%
3 $199.9K$315K
+57.6%
4 $170K-
N/A
5+ $142K-
N/A

Summary: Caneadea housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 57.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Caneadea, NY

How many homes are available in Caneadea, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Caneadea real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Caneadea housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 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

Sep 2024Oct 2024CHANGE
110.0%

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 Caneadea, 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 Caneadea in October 2024, the same as the previous 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 Caneadea, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days122 Days+838.5%

Summary: Homes in Caneadea had an average of 122 days on market in Oct 2024, up by 838.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Caneadea are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Caneadea; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

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