$474 Closing Credit*
$39,900
720 SqFt
2 Beds
•1 Full Bath
Craig J. Emmerling, Listing Office: RE/MAX Integrity
Is Springwater, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Springwater has remained a Seller's Market.
Key Takeaway
Springwater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springwater, NY
How much do homes in Springwater, NY cost?
Median Sold Price
$220,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+7.3%)
Key Takeaway
Homes in Springwater have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Springwater was $220,000 in November 2024, up 7.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.5K | $217.5K | +135.1% |
| 2 Bedrooms | $190.5K | $139.5K | -26.8% |
| 3 Bedrooms | $205K | $220K | +7.3% |
| 4 Bedrooms | $274.7K | $349.5K | +27.2% |
| 5+ Bedrooms | $230K | $427.5K | +85.9% |
Summary: Springwater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 135.1%, 2 bedroom homes decreased by 26.8%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 85.9%.
Median Sold Price Compared To Nearby Cities
| Richmond | $275K | $345K | +25.5% |
| Springwater | $205K | $220K | +7.3% |
| Canadice | $285K | $295K | +3.5% |
| Springwater | $250K | $210K | -16.0% |
Housing Supply in Springwater, NY
How many homes are available in Springwater, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Springwater real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Springwater 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Springwater, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Springwater in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Springwater, NY
How long does it take to sell a home in Springwater, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 31 Days | -9.5% |
Summary: Homes in Springwater had an average of 31 days on market in Nov 2024, down by 9.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Springwater are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Springwater; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
