$949 Closing Credit*
$79,900
1,106 SqFt
3 Beds
•2 Full Baths
Dean F Mallaber, Listing Office: eXp Realty
Is Lake View, 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, Lake View has remained a Seller's Market.
Key Takeaway
Lake View is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake View, NY
How much do homes in Lake View, NY cost?
Median Sold Price
$369,750
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$67,250(+22.2%)
Key Takeaway
Homes in Lake View have sold for 22.2% more than they did a year ago.
Summary: The median home sold price in Lake View was $369,750 in November 2024, up 22.2% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202K | $211.1K | +4.5% |
| 3 Bedrooms | $295K | $345K | +16.9% |
| 4 Bedrooms | $406.3K | $402.5K | -0.9% |
| 5+ Bedrooms | $430K | $700K | +62.8% |
Summary: Lake View 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 increased by 4.5%, 3 bedroom homes increased by 16.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 62.8%.
Median Sold Price Compared To Nearby Cities
| Lake View | $302.5K | $369.7K | +22.2% |
| Evans | $190K | $205K | +7.9% |
| Derby | $215K | $224K | +4.2% |
| Eden | $280K | $274.9K | -1.8% |
Housing Supply in Lake View, NY
How many homes are available in Lake View, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Summary: The Lake View real estate market had 11 homes for sale in November 2024, a 35.3% 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lake View 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 66.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake View, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Lake View in November 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Lake View, NY
How long does it take to sell a home in Lake View, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 46 Days | +92.7% |
Summary: Homes in Lake View had an average of 46 days on market in Nov 2024, up by 92.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lake View are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Lake View; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
