Is Saint Albans, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Albans is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Saint Albans has remained a Buyer's Market.

Key Takeaway

Saint Albans is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Saint Albans, NY

How much do homes in Saint Albans, NY cost?

Median Sold Price

$673,000

$437/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,350(+4.1%)

Key Takeaway

Homes in Saint Albans have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Saint Albans was $673,000 in November 2024, up 4.1% from last year, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$420K
N/A
2 $507.5K$575K
+13.3%
3 $607.5K$649K
+6.8%
4 $682.5K$700K
+2.6%
5+ $940K$860K
-8.5%

Summary: Saint Albans 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 13.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Neighborhoods

Cambria Heights
+7.7%
Southeastern Queens
+4.8%
Saint Albans
+4.1%
Laurelton
+2.3%
Hollis
0.0%

Housing Supply in Saint Albans, NY

How many homes are available in Saint Albans, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
137133-2.9%

Summary: The Saint Albans real estate market had 133 homes for sale in November 2024, a 2.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 6864
-5.9%
4 3027
-10.0%
5+ 3437
+8.8%

Summary: The Saint Albans 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 8.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1713-23.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Albans, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Saint Albans in November 2024, down by 23.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 8% were sold at asking, and 31% were sold over asking.

Days on Market for Saint Albans, NY

How long does it take to sell a home in Saint Albans, NY?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days94 Days+134.9%

Summary: Homes in Saint Albans had an average of 94 days on market in Nov 2024, up by 134.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saint Albans are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 13 homes were sold in Saint Albans; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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