$5,047 Closing Credit*
$425,000
2,932 SqFt
5 Beds
•2 Full Baths
Hollis A. Creek, Listing Office: Howard Hanna
Is East Bloomfield, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, East Bloomfield has remained a Seller's Market.
Key Takeaway
East Bloomfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Bloomfield, NY
How much do homes in East Bloomfield, NY cost?
Median Sold Price
$280,000
$159/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$72,500(-20.6%)
Key Takeaway
Homes in East Bloomfield have sold for 20.6% less than they did a month ago.
Summary: The median home sold price in East Bloomfield was $280,000 in November 2024, down 20.6% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $325K | $209.8K | -35.4% |
| 4 Bedrooms | $510K | $280K | -45.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: East Bloomfield housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 35.4%, 4 bedroom homes decreased by 45.1%, and 5+ bedroom homes did not change.
Housing Supply in East Bloomfield, NY
How many homes are available in East Bloomfield, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Summary: The East Bloomfield real estate market had 5 homes for sale in November 2024, a 54.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 2 | -75.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The East Bloomfield housing inventory by bedroom type for November 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 75%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Bloomfield, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in East Bloomfield in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for East Bloomfield, NY
How long does it take to sell a home in East Bloomfield, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 11 Days | -56.6% |
Summary: Homes in East Bloomfield had an average of 11 days on market in Nov 2024, down by 56.6% compared to last month.
Breakdown of Home Sale Times
3 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 East Bloomfield are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in East Bloomfield; 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.
