$3,313 Closing Credit*
$279,000
936 SqFt
2 Beds
•1 Full Bath
Kristan C Andersen, Listing Office: Gurney Becker & Bourne
Is Delaware / West Ferry, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Delaware / West Ferry was a Seller's Market.
Key Takeaway
Delaware / West Ferry is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Delaware / West Ferry, NY
How much do homes in Delaware / West Ferry, NY cost?
Median Sold Price
$382,425
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$42,575(-10.0%)
Key Takeaway
Homes in Delaware / West Ferry have sold for 10% less than they did a year ago.
Summary: The median home sold price in Delaware / West Ferry was $382,425 in October 2024, down 10% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $192.5K | -8.3% |
| 2 Bedrooms | $343.7K | $354.5K | +3.1% |
| 3 Bedrooms | $580K | $516.7K | -10.9% |
| 4 Bedrooms | $470K | $458K | -2.6% |
| 5+ Bedrooms | $499K | $442.5K | -11.3% |
Summary: Delaware / West Ferry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 11.3%.
Housing Supply in Delaware / West Ferry, NY
How many homes are available in Delaware / West Ferry, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The Delaware / West Ferry real estate market had 30 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Delaware / West Ferry 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 increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware / West Ferry, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Delaware / West Ferry in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Delaware / West Ferry, NY
How long does it take to sell a home in Delaware / West Ferry, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 15 Days | -77.1% |
Summary: Homes in Delaware / West Ferry had an average of 15 days on market in Oct 2024, down by 77.1% compared to last year.
Breakdown of Home Sale Times
4 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 Delaware / West Ferry are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Delaware / West Ferry; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
