$18,000
0.52 Acres
Land
Joseph A Rivellino, Listing Office: Rivellino Realty
Is Pavilion, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pavilion was a Buyer's Market.
Key Takeaway
Pavilion is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pavilion, NY
How much do homes in Pavilion, NY cost?
Median Sold Price
$200,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-2.4%)
Key Takeaway
Homes in Pavilion have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Pavilion was $200,000 in November 2024, down 2.4% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $198K | $195K | -1.5% |
| 3 Bedrooms | $205K | $198K | -3.4% |
| 4 Bedrooms | $230K | $300K | +30.4% |
| 5+ Bedrooms | - | $170K | N/A |
Summary: Pavilion 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 decreased by 1.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes did not change.
Housing Supply in Pavilion, NY
How many homes are available in Pavilion, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Summary: The Pavilion real estate market had 6 homes for sale in November 2024, a 50.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pavilion 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 100%, 3 bedroom homes decreased by 60%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pavilion, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Pavilion in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Pavilion, NY
How long does it take to sell a home in Pavilion, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 11 Days | -55.1% |
Summary: Homes in Pavilion had an average of 11 days on market in Nov 2024, down by 55.1% compared to last year.
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
Key Takeaway
Many homes in Pavilion are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Pavilion; 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.
