Is Clifton Park, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clifton Park is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Clifton Park, NY

How much do homes in Clifton Park, NY cost?

Median Sold Price

$453,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,912(+5.3%)

Key Takeaway

Homes in Clifton Park have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Clifton Park was $453,000 in October 2024, up 5.3% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$169.5K
N/A
2 $270K$265K
-1.9%
3 $410K$450K
+9.8%
4 $455K$492.5K
+8.2%
5+ $550K$476K
-13.5%

Summary: Clifton Park 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 1.9%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Cities

Clifton Park
+5.3%
Halfmoon
+4.1%

Housing Supply in Clifton Park, NY

How many homes are available in Clifton Park, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
132126-4.5%

Summary: The Clifton Park real estate market had 126 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1717
0.0%
3 4342
-2.3%
4 5550
-9.1%
5+ 1717
0.0%

Summary: The Clifton Park 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 decreased by 2.3%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3537+5.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

25 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clifton Park, you could pay more than the asking price. 67.6% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in Clifton Park in October 2024, up by 5.7% month-over-month. Of the 37 sold homes, 19% were sold under asking, 14% were sold at asking, and 68% were sold over asking.

Days on Market for Clifton Park, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days22 Days+92.5%

Summary: Homes in Clifton Park had an average of 22 days on market in Oct 2024, up by 92.5% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clifton Park are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in Clifton Park; 86% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 5% 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

Newest Listings in Clifton Park, NY

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