$3,859 Closing Credit*
$325,000
2,280 SqFt
4 Beds
•2 Full Baths, 1 Partial
Kevin R. Battle, Listing Office: Kevin R. Battle Real Estate
Is Greece, 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, Greece has remained a Seller's Market.
Key Takeaway
Greece is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greece, NY
How much do homes in Greece, NY cost?
Median Sold Price
$235,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,291(+7.0%)
Key Takeaway
Homes in Greece have sold for 7% more than they did a year ago.
Summary: The median home sold price in Greece was $235,000 in November 2024, up 7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71.7K | $161.1K | +124.5% |
| 2 Bedrooms | $179K | $200K | +11.7% |
| 3 Bedrooms | $206.3K | $231K | +11.9% |
| 4 Bedrooms | $250K | $255.5K | +2.2% |
| 5+ Bedrooms | $275K | $317.4K | +15.4% |
Summary: Greece housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 124.5%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in Greece, NY
How many homes are available in Greece, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 274 | 200 | -27.0% |
Summary: The Greece real estate market had 200 homes for sale in November 2024, a 27.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 40 | 24 | -40.0% |
| 3 Bedrooms | 154 | 113 | -26.6% |
| 4 Bedrooms | 70 | 54 | -22.9% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Greece 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 decreased by 40%, 3 bedroom homes decreased by 26.6%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 82 | -8.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
66 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greece, you could pay more than the asking price. 80.5% of homes here sold above asking price last month.
Summary: A total of 82 homes were sold or pending in Greece in November 2024, down by 8.9% month-over-month. Of the 82 sold homes, 11% were sold under asking, 9% were sold at asking, and 80% were sold over asking.
Days on Market for Greece, NY
How long does it take to sell a home in Greece, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 8 Days | 11 Days | +29.3% |
Summary: Homes in Greece had an average of 11 days on market in Nov 2024, up by 29.3% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greece are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 82 homes were sold in Greece; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
