$6,282 Closing Credit*
$529,000
1,663 SqFt
4 Beds
•2 Full Baths
Listing Office: HomeCoin.com
Is Montrose, 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, Montrose has remained a Seller's Market.
Key Takeaway
Montrose is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montrose, NY
How much do homes in Montrose, NY cost?
Median Sold Price
$530,000
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$67,500(+14.6%)
Key Takeaway
Homes in Montrose have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Montrose was $530,000 in November 2024, up 14.6% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $282.7K | +17.8% |
| 2 Bedrooms | $322.5K | $385.5K | +19.5% |
| 3 Bedrooms | $510K | $600K | +17.6% |
| 4 Bedrooms | $579K | $595K | +2.8% |
| 5+ Bedrooms | - | $1.5M | N/A |
Summary: Montrose housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes did not change.
Housing Supply in Montrose, NY
How many homes are available in Montrose, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The Montrose real estate market had 4 homes for sale in November 2024, a 33.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Montrose 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Montrose, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Montrose in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Montrose, NY
How long does it take to sell a home in Montrose, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 12 Days | -56.6% |
Summary: Homes in Montrose had an average of 12 days on market in Nov 2024, down by 56.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Montrose are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Montrose; 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.
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.