Is Alexandria Bay, 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 Bay was a Buyer's Market.
Key Takeaway
Alexandria Bay 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 Alexandria Bay, NY
How much do homes in Alexandria Bay, NY cost?
Median Sold Price
$411,500
$649/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Alexandria Bay have sold for 533.1% more than they did a month ago.
Summary: The median home sold price in Alexandria Bay was $411,500 in May 2024, up 533.1% from last month, and the median price per square foot was $649.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $563K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $65K | $260K | +300.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Alexandria Bay 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 300%, 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% |
Housing Supply in Alexandria Bay, NY
How many homes are available in Alexandria Bay, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Alexandria Bay real estate market had 12 homes for sale in May 2024, a 9.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Alexandria Bay housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Alexandria Bay in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Alexandria Bay, NY
How long does it take to sell a home in Alexandria Bay, NY?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 15 Days | -66.7% |
Summary: Homes in Alexandria Bay had an average of 15 days on market in May 2024, down by 66.7% 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 Alexandria Bay are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Alexandria Bay; 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.
