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 October 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

$252,500

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,250(+17.9%)

Key Takeaway

Homes in Shortsville have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Shortsville was $252,500 in October 2024, up 17.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $129.9K$242.7K
+86.9%
3 $209.2K$260K
+24.3%
4 $277.4K$233.7K
-15.8%
5+ $180K$340K
+88.9%

Summary: Shortsville 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 increased by 86.9%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 15.8%, 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

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The Shortsville real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 75
-28.6%
4 22
0.0%
5+ 00
0.0%

Summary: The Shortsville 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shortsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Shortsville in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
6 Days16 Days+146.2%

Summary: Homes in Shortsville had an average of 16 days on market in Oct 2024, up by 146.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 October 2024, 2 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 20 Days Ago

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