$1,841 Closing Credit*
$155,000
1,662 SqFt
4 Beds
•2 Full Baths
Britney Herringshaw, Listing Office: Hunt Real Estate ERA
Is German Flatts, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, German Flatts has remained a Seller's Market.
Key Takeaway
German Flatts is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in German Flatts, NY
How much do homes in German Flatts, NY cost?
Median Sold Price
$129,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$6,000(-4.4%)
Key Takeaway
Homes in German Flatts have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in German Flatts was $129,000 in December 2024, down 4.4% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118.4K | $113.5K | -4.2% |
| 3 Bedrooms | $131.7K | $134.7K | +2.3% |
| 4 Bedrooms | $148.3K | $138.2K | -6.8% |
| 5+ Bedrooms | $155K | $109.7K | -29.2% |
Summary: German Flatts housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 29.2%.
Housing Supply in German Flatts, NY
How many homes are available in German Flatts, NY?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Summary: The German Flatts real estate market had 31 homes for sale in December 2024, a 8.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 14 | 9 | -35.7% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The German Flatts housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in German Flatts, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in German Flatts in December 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for German Flatts, NY
How long does it take to sell a home in German Flatts, NY?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 21 Days | 59 Days | +170.6% |
Summary: Homes in German Flatts had an average of 59 days on market in Dec 2024, up by 170.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in German Flatts has remained consistent over time.
Summary: During December 2024, 6 homes were sold in German Flatts; 17% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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