Is Glen Spey, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Glen Spey was a Seller's Market.
Housing Prices in Glen Spey, NY
How much do homes in Glen Spey, NY cost?
Median Sold Price
$345,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Glen Spey was $345,000 in May 2024, up 9.2% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | - | N/A |
2 Bedrooms | $226.5K | $252.5K | +11.5% |
3 Bedrooms | $325K | $347.7K | +7.0% |
4 Bedrooms | $375K | $345K | -8.0% |
5+ Bedrooms | - | $483.5K | N/A |
Summary: Glen Spey housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Glen Spey | $316K | $345K | +9.2% |
Lumberland | $332K | $360K | +8.4% |
Sparrow Bush | $296K | $310K | +4.7% |
Housing Supply in Glen Spey, NY
How many homes are available in Glen Spey, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Glen Spey real estate market had 19 homes for sale in May 2024, a 18.8% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glen Spey 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 increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Glen Spey in May 2024, the same as the previous 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 Glen Spey, NY
How long does it take to sell a home in Glen Spey, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 63 Days | +313.1% |
Summary: Homes in Glen Spey had an average of 63 days on market in May 2024, up by 313.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Glen Spey; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.