$4,619 Closing Credit*
$389,000
1,680 SqFt
3 Beds
•2 Full Baths
Mitchell Fischer, Listing Office: WNY Metro Roberts Realty
Is West Falls, 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, West Falls has remained a Seller's Market.
Key Takeaway
West Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Falls, NY
How much do homes in West Falls, NY cost?
Median Sold Price
$415,250
$207/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$84,750(+25.6%)
Key Takeaway
Homes in West Falls have sold for 25.6% more than they did a month ago.
Summary: The median home sold price in West Falls was $415,250 in November 2024, up 25.6% from last month, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330.5K | - | N/A |
| 3 Bedrooms | $120K | $415.2K | +246.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $814.9K | - | N/A |
Summary: West Falls housing prices by bedroom type for November 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 246%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Falls | $330.5K | $415.2K | +25.6% |
| South Wales | $218K | $174K | -20.2% |
Housing Supply in West Falls, NY
How many homes are available in West Falls, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Summary: The West Falls real estate market had 8 homes for sale in November 2024, a 38.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The West Falls 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 decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Falls, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West Falls in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for West Falls, NY
How long does it take to sell a home in West Falls, NY?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 14 Days | +40.0% |
Summary: Homes in West Falls had an average of 14 days on market in Nov 2024, up by 40% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Falls are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in West Falls; 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.
