$7,422 Closing Credit*
$625,000
2,332 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jared A George, Listing Office: Tri Capital Realty LLC
Is Delmar, 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, Delmar has remained a Seller's Market.
Key Takeaway
Delmar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delmar, NY
How much do homes in Delmar, NY cost?
Median Sold Price
$421,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,000(+10.8%)
Key Takeaway
Homes in Delmar have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Delmar was $421,000 in October 2024, up 10.8% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $262K | $269.8K | +3.0% |
| 3 Bedrooms | $320K | $360K | +12.5% |
| 4 Bedrooms | $425K | $446K | +4.9% |
| 5+ Bedrooms | $522.5K | $482.2K | -7.7% |
Summary: Delmar 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 3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Slingerlands | $394K | $485K | +23.1% |
| Bethlehem | $361.6K | $404.5K | +11.9% |
| Delmar | $380K | $421K | +10.8% |
| New Scotland | $352.5K | $360K | +2.1% |
Housing Supply in Delmar, NY
How many homes are available in Delmar, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 31 | 0.0% |
Summary: The Delmar real estate market had 31 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Delmar 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 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delmar, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Delmar in October 2024, down by 25.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Delmar, NY
How long does it take to sell a home in Delmar, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 6 Days | -18.5% |
Summary: Homes in Delmar had an average of 6 days on market in Oct 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Delmar are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Delmar; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.