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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Slingerlands is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Slingerlands, NY

How much do homes in Slingerlands, NY cost?

Median Sold Price

$485,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$91,000(+23.1%)

Key Takeaway

Homes in Slingerlands have sold for 23.1% more than they did a year ago.

Summary: The median home sold price in Slingerlands was $485,000 in October 2024, up 23.1% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $250K-
N/A
2 $252.5K$267K
+5.7%
3 $307.5K$392.6K
+27.7%
4 $542K$600K
+10.7%
5+ $1.2M$726K
-39.5%

Summary: Slingerlands 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 5.7%, 3 bedroom homes increased by 27.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 39.5%.

Median Sold Price Compared To Nearby Cities

Slingerlands
+23.1%
Bethlehem
+11.9%
Delmar
+10.8%
Albany
+8.8%
New Scotland
+2.1%

Housing Supply in Slingerlands, NY

How many homes are available in Slingerlands, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2815-46.4%

Summary: The Slingerlands real estate market had 15 homes for sale in October 2024, a 46.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 103
-70.0%
3 74
-42.9%
4 53
-40.0%
5+ 65
-16.7%

Summary: The Slingerlands 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 decreased by 70%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
155-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Slingerlands, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Slingerlands in October 2024, down by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Slingerlands, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days7 Days-27.1%

Summary: Homes in Slingerlands had an average of 7 days on market in Oct 2024, down by 27.1% compared to last year.

Breakdown of Home Sale Times

5 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 Slingerlands are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Slingerlands; 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 16 Days Ago

Newest Listings in Slingerlands, NY

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