$3,894 Closing Credit*
$327,900
1,572 SqFt
1 Bed
•1 Full Bath, 1 Partial
Anna Martinick, Listing Office: WNY Metro Roberts Realty
Is Clarence, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Clarence has remained a Seller's Market.
Key Takeaway
Clarence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarence, NY
How much do homes in Clarence, NY cost?
Median Sold Price
$520,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$53,000(+11.3%)
Key Takeaway
Homes in Clarence have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Clarence was $520,000 in October 2024, up 11.3% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $362.7K | $487K | +34.3% |
| 3 Bedrooms | $338.4K | $387.4K | +14.5% |
| 4 Bedrooms | $600K | $602K | 0.3% |
| 5+ Bedrooms | $739.9K | $789.5K | +6.7% |
Summary: Clarence 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 increased by 34.3%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Newstead | $300K | $346.2K | +15.4% |
| Royalton | $192.5K | $220K | +14.3% |
| Clarence | $467K | $520K | +11.3% |
| Clarence Center | $522.5K | $560K | +7.2% |
| East Amherst | $447.5K | $440K | -1.7% |
Housing Supply in Clarence, NY
How many homes are available in Clarence, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 151 | 122 | -19.2% |
Summary: The Clarence real estate market had 122 homes for sale in October 2024, a 19.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 12 | -20.0% |
| 3 Bedrooms | 55 | 41 | -25.5% |
| 4 Bedrooms | 65 | 53 | -18.5% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Clarence housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25.5%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 30 | -23.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarence, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Clarence in October 2024, down by 23.1% month-over-month. Of the 30 sold homes, 43% were sold under asking, 3% were sold at asking, and 53% were sold over asking.
Days on Market for Clarence, NY
How long does it take to sell a home in Clarence, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 16 Days | +20.2% |
Summary: Homes in Clarence had an average of 16 days on market in Oct 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clarence are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Clarence; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
