$2,730 Closing Credit*
$229,900
1,120 SqFt
2 Beds
•1 Full Bath
Amy L. Petrone, Listing Office: RE/MAX Realty Group
Is Springwater, 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, Springwater has remained a Buyer's Market.
Key Takeaway
Springwater is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Springwater, NY
How much do homes in Springwater, NY cost?
Median Sold Price
$210,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-6.7%)
Key Takeaway
Homes in Springwater have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Springwater was $210,000 in October 2024, down 6.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.5K | $155K | +67.6% |
| 2 Bedrooms | $186K | $160K | -14.0% |
| 3 Bedrooms | $217.5K | $220K | +1.1% |
| 4 Bedrooms | $274.7K | $295K | +7.4% |
| 5+ Bedrooms | $240K | $230K | -4.2% |
Summary: Springwater housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.6%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Conesus | $200K | $380.4K | +90.2% |
| Richmond | $272K | $320K | +17.6% |
| Springwater | $225K | $210K | -6.7% |
Housing Supply in Springwater, NY
How many homes are available in Springwater, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Springwater real estate market had 9 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Springwater housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 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 could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Springwater in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 7 Days | -70.8% |
Summary: Homes in Springwater had an average of 7 days on market in Oct 2024, down by 70.8% 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
Key Takeaway
Many homes in Springwater are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Springwater; 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.
