Is Granby, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granby is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Granby was a Buyer's Market.

Key Takeaway

Granby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Granby, NY

How much do homes in Granby, NY cost?

Median Sold Price

$219,450

$140/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$44,450(+25.4%)

Key Takeaway

Homes in Granby have sold for 25.4% more than they did a month ago.

Summary: The median home sold price in Granby was $219,450 in October 2024, up 25.4% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $175K$214.9K
+22.8%
4 -$254.5K
N/A
5+ --
N/A

Summary: Granby housing prices by bedroom type for October 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 increased by 22.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Granby, NY

How many homes are available in Granby, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
15150.0%

Summary: The Granby real estate market had 15 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 77
0.0%
5+ 00
0.0%

Summary: The Granby 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granby, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Granby in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.

Days on Market for Granby, NY

How long does it take to sell a home in Granby, NY?

Average Sale Time

Sep 2024Oct 2024CHANGE
4 Days12 Days+220.8%

Summary: Homes in Granby had an average of 12 days on market in Oct 2024, up by 220.8% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Granby are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Granby; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Granby, NY

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