$4,749 Closing Credit*
$399,900
1,113 SqFt
2 Beds
•1 Full Bath, 1 Partial
Tamara L. Benziger, Listing Office: Caprini Realtors
Is South Bristol, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Bristol has remained a Seller's Market.
Key Takeaway
South Bristol is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Bristol, NY
How much do homes in South Bristol, NY cost?
Median Sold Price
$385,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$55,100(+16.7%)
Key Takeaway
Homes in South Bristol have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in South Bristol was $385,000 in October 2024, up 16.7% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224.9K | $224K | -0.4% |
| 2 Bedrooms | $293.5K | $305K | +3.9% |
| 3 Bedrooms | $377.5K | $414.9K | +9.9% |
| 4 Bedrooms | $449.9K | $715K | +58.9% |
| 5+ Bedrooms | $554K | $400K | -27.8% |
Summary: South Bristol housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 58.9%, and 5+ bedroom homes decreased by 27.8%.
Median Sold Price Compared To Nearby Cities
| South Bristol | $329.9K | $385K | +16.7% |
| Honeoye | $275.8K | $310K | +12.4% |
| Italy | $254K | $269K | +5.9% |
| Bristol | $252.5K | $260K | +3.0% |
| Middlesex | $285K | $245K | -14.0% |
Housing Supply in South Bristol, NY
How many homes are available in South Bristol, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Summary: The South Bristol real estate market had 31 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The South Bristol housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Bristol, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in South Bristol in October 2024, up by 233.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for South Bristol, NY
How long does it take to sell a home in South Bristol, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 21 Days | -53.1% |
Summary: Homes in South Bristol had an average of 21 days on market in Oct 2024, down by 53.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Bristol are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in South Bristol; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
