$2,255 Closing Credit*
$189,900
1,212 SqFt
4 Beds
•2 Full Baths, 1 Partial
James Klossner, Listing Office: Whitetail Properties Real Estate LLC
Is Pavilion, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$197,500
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$500(-0.3%)
Key Takeaway
The sold price of homes in Pavilion has remained the same since last year.
Summary: The median home sold price in Pavilion was $197,500 in October 2024, down 0.3% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $198K | $195K | -1.5% |
| 3 Bedrooms | $155.5K | $200K | +28.6% |
| 4 Bedrooms | $231K | $260K | +12.6% |
| 5+ Bedrooms | - | $135K | N/A |
Summary: Pavilion housing prices by bedroom type for October 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 increased by 28.6%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| York | $185.9K | $195K | +4.9% |
| Pavilion | $198K | $197.5K | -0.3% |
Housing Supply in Pavilion, NY
How many homes are available in Pavilion, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 9 | -30.8% |
Summary: The Pavilion real estate market had 9 homes for sale in October 2024, a 30.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Pavilion 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pavilion, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Pavilion in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 18 Days | +81.4% |
Summary: Homes in Pavilion had an average of 18 days on market in Oct 2024, up by 81.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was 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 October 2024, 7 homes were sold in Pavilion; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
