$2,018 Closing Credit*
$169,900
1,040 SqFt
2 Beds
•1 Full Bath
Mark S. Canter, Listing Office: Howard Hanna Cny Inc
Is German Flatts, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, German Flatts was a Seller's Market.
Key Takeaway
German Flatts 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 German Flatts, NY
How much do homes in German Flatts, NY cost?
Median Sold Price
$137,800
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$8,799(+6.8%)
Key Takeaway
Homes in German Flatts have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in German Flatts was $137,800 in September 2024, up 6.8% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131K | $107.1K | -18.2% |
| 3 Bedrooms | $119.9K | $140K | +16.7% |
| 4 Bedrooms | $150K | $144.1K | -3.9% |
| 5+ Bedrooms | $117K | $109.7K | -6.2% |
Summary: German Flatts housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 6.2%.
Housing Supply in German Flatts, NY
How many homes are available in German Flatts, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Summary: The German Flatts real estate market had 36 homes for sale in September 2024, a 14.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 15 | 12 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The German Flatts housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in German Flatts, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in German Flatts in September 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 17 Days | -15.0% |
Summary: Homes in German Flatts had an average of 17 days on market in Sep 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in German Flatts are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in German Flatts; 67% of homes were sold within 30 days, 33% 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.