Is Alexandria, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Alexandria was a Neutral Market.
Key Takeaway
Alexandria is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Alexandria, NY
How much do homes in Alexandria, NY cost?
Median Sold Price
$430,000
$390/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Alexandria have sold for 17.8% more than they did a month ago.
Summary: The median home sold price in Alexandria was $430,000 in May 2024, up 17.8% from last month, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $563K | N/A |
| 2 Bedrooms | $365K | $430K | +17.8% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $372.5K | $260K | -30.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Alexandria housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.8%, 3 bedroom homes did not change, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Alexandria Bay | $65K | $411.5K | +533.1% |
| Alexandria | $365K | $430K | +17.8% |
| Wellesley Island | $680K | $430K | -36.8% |
Housing Supply in Alexandria, NY
How many homes are available in Alexandria, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Alexandria real estate market had 22 homes for sale in May 2024, a 10.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Alexandria housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alexandria, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Alexandria in May 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Alexandria, NY
How long does it take to sell a home in Alexandria, NY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 54 Days | 11 Days | -79.1% |
Summary: Homes in Alexandria had an average of 11 days on market in May 2024, down by 79.1% compared to last month.
Breakdown of Home Sale Times
3 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 Alexandria are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Alexandria; 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.
