$10,000 Closing Credit*
$949,900
3,506 SqFt
5 Beds
•3 Full Baths, 1 Partial
Jennifer Agate-Welsh, Listing Office: Agate & Welsh Realty
Is Getzville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Getzville has remained a Seller's Market.
Key Takeaway
Getzville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Getzville, NY
How much do homes in Getzville, NY cost?
Median Sold Price
$322,500
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$97,500(-23.2%)
Key Takeaway
Homes in Getzville have sold for 23.2% less than they did a year ago.
Summary: The median home sold price in Getzville was $322,500 in November 2024, down 23.2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $150K | N/A |
| 2 Bedrooms | $190K | $171K | -10.0% |
| 3 Bedrooms | $385K | $343.7K | -10.7% |
| 4 Bedrooms | $480K | $483.7K | +0.8% |
| 5+ Bedrooms | $599.5K | $680K | +13.4% |
Summary: Getzville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Cities
| Amherst | $332.6K | $332K | -0.2% |
| East Amherst | $457.5K | $431K | -5.8% |
| Getzville | $420K | $322.5K | -23.2% |
Housing Supply in Getzville, NY
How many homes are available in Getzville, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Summary: The Getzville real estate market had 12 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 9 | 4 | -55.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Getzville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Getzville, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Getzville in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Getzville, NY
How long does it take to sell a home in Getzville, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 12 Days | -39.6% |
Summary: Homes in Getzville had an average of 12 days on market in Nov 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
5 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 Getzville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Getzville; 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.
