$8,491 Closing Credit*
$715,000
1,764 SqFt
4 Beds
•3 Full Baths
Nicholas M. Davoli, Listing Office: Century 21 Steve Davoli RE
Is Varick, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Varick has remained a Seller's Market.
Key Takeaway
Varick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Varick, NY
How much do homes in Varick, NY cost?
Median Sold Price
$237,000
$143/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$183,200(-43.6%)
Key Takeaway
Homes in Varick have sold for 43.6% less than they did a month ago.
Summary: The median home sold price in Varick was $237,000 in October 2024, down 43.6% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $140K | N/A |
| 3 Bedrooms | $279.9K | $1.5M | +466.3% |
| 4 Bedrooms | $560.5K | - | N/A |
| 5+ Bedrooms | - | $237K | N/A |
Summary: Varick housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 466.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Varick, NY
How many homes are available in Varick, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Varick real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Varick 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Varick, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Varick in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Varick, NY
How long does it take to sell a home in Varick, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 42 Days | -48.3% |
Summary: Homes in Varick had an average of 42 days on market in Oct 2024, down by 48.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Varick are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Varick; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
