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

Since last month, Granby has remained a Seller'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

$238,960

$103/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$43,960(+22.5%)

Key Takeaway

Homes in Granby have sold for 22.5% more than they did a month ago.

Summary: The median home sold price in Granby was $238,960 in November 2024, up 22.5% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $214.9K$223.4K
+3.9%
4 $195K$238.9K
+22.5%
5+ --
N/A

Summary: Granby 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 increased by 3.9%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Minetto
+92.3%
Granby
+22.5%

Housing Supply in Granby, NY

How many homes are available in Granby, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1613-18.8%

Summary: The Granby real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 97
-22.2%
4 75
-28.6%
5+ 01
+100.0%

Summary: The Granby 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 22.2%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Granby in November 2024, down by 57.1% 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 Granby, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
22 Days10 Days-52.7%

Summary: Homes in Granby had an average of 10 days on market in Nov 2024, down by 52.7% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Granby; 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.

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

Nearby Markets to Granby, NY

What housing markets are near Granby, NY?