$6,223 Closing Credit*
$524,030
2,270 SqFt
5 Beds
•2 Full Baths, 1 Partial
Caitlin H Croft, Listing Office: Iconic Real Estate
Is West Valley, 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 Valley has remained a Neutral Market.
Key Takeaway
West Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in West Valley, NY
How much do homes in West Valley, NY cost?
Median Sold Price
$175,000
$78/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$21,950(-11.1%)
Key Takeaway
Homes in West Valley have sold for 11.1% less than they did a month ago.
Summary: The median home sold price in West Valley was $175,000 in October 2024, down 11.1% from last month, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $20K | N/A |
| 3 Bedrooms | $234K | - | N/A |
| 4 Bedrooms | $159.9K | - | N/A |
| 5+ Bedrooms | - | $330K | N/A |
Summary: West Valley 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Valley | $196.9K | $175K | -11.1% |
| Ashford | $196.9K | $175K | -11.1% |
Housing Supply in West Valley, NY
How many homes are available in West Valley, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The West Valley real estate market had 14 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Valley 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 Valley, 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 Valley in October 2024, the same as the previous 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 Valley, NY
How long does it take to sell a home in West Valley, NY?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 13 Days | -62.5% |
Summary: Homes in West Valley had an average of 13 days on market in Oct 2024, down by 62.5% 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 Valley are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in West Valley; 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.
