Is Colden, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Colden has remained a Buyer's Market.
Key Takeaway
Colden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Colden, NY
How much do homes in Colden, NY cost?
Median Sold Price
$316,150
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Colden have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Colden was $316,150 in May 2024, up 12.3% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $29.9K | -90.4% |
| 2 Bedrooms | $258.5K | $225K | -13.0% |
| 3 Bedrooms | $346.6K | $316.1K | -8.8% |
| 4 Bedrooms | $230K | $367.5K | +59.8% |
| 5+ Bedrooms | $200K | - | N/A |
Summary: Colden housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 90.4%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 59.8%, and 5+ bedroom homes did not change.
Housing Supply in Colden, NY
How many homes are available in Colden, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Colden real estate market had 8 homes for sale in May 2024, a 33.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Colden 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 decreased by 50%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Colden, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Colden in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Colden, NY
How long does it take to sell a home in Colden, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 98 Days | +512.5% |
Summary: Homes in Colden had an average of 98 days on market in May 2024, up by 512.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Colden are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 1 homes were sold in Colden; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
