$10,000 Closing Credit*
$1,399,999
3,750 SqFt
Listing Office: RE/MAX Ace Realty
Is Greenwood Lake, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Greenwood Lake has remained a Seller's Market.
Key Takeaway
Greenwood Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenwood Lake, NY
How much do homes in Greenwood Lake, NY cost?
Median Sold Price
$440,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+4.1%)
Key Takeaway
Homes in Greenwood Lake have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Greenwood Lake was $440,000 in October 2024, up 4.1% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290.2K | $279.9K | -3.5% |
| 2 Bedrooms | $360.5K | $391.9K | +8.7% |
| 3 Bedrooms | $450K | $439.5K | -2.3% |
| 4 Bedrooms | $522K | $500K | -4.2% |
| 5+ Bedrooms | $630K | $869K | +37.9% |
Summary: Greenwood Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 37.9%.
Housing Supply in Greenwood Lake, NY
How many homes are available in Greenwood Lake, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 52 | +13.0% |
Summary: The Greenwood Lake real estate market had 52 homes for sale in October 2024, a 13.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 16 | 20 | +25.0% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Greenwood Lake 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 increased by 25%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwood Lake, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Greenwood Lake in October 2024, up by 266.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for Greenwood Lake, NY
How long does it take to sell a home in Greenwood Lake, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 51 Days | +21.0% |
Summary: Homes in Greenwood Lake had an average of 51 days on market in Oct 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Greenwood Lake has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Greenwood Lake; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.