Is Shortsville, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shortsville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Shortsville has remained a Seller's Market.

Key Takeaway

Shortsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Shortsville, NY

How much do homes in Shortsville, NY cost?

Median Sold Price

$246,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,250(+13.5%)

Key Takeaway

Homes in Shortsville have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Shortsville was $246,000 in November 2024, up 13.5% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $157K$184.5K
+17.5%
3 $200K$253K
+26.5%
4 $270.7K$233.5K
-13.7%
5+ $180K$340K
+88.9%

Summary: Shortsville 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 17.5%, 3 bedroom homes increased by 26.5%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 88.9%.

Housing Supply in Shortsville, NY

How many homes are available in Shortsville, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
95-44.4%

Summary: The Shortsville real estate market had 5 homes for sale in November 2024, a 44.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 62
-66.7%
4 21
-50.0%
5+ 01
+100.0%

Summary: The Shortsville 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 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shortsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Shortsville in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Shortsville, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days16 Days+220.0%

Summary: Homes in Shortsville had an average of 16 days on market in Nov 2024, up by 220% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Shortsville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Shortsville; 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.

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

Report Updated 21 Days Ago

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