Is Lake View, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lake View has remained a Seller's Market.
Housing Prices in Lake View, NY
How much do homes in Lake View, NY cost?
Median Sold Price
$305,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake View was $305,000 in April 2024, up 5.2% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201K | $188K | -6.5% |
3 Bedrooms | $277.4K | $292.5K | +5.4% |
4 Bedrooms | $325K | $400K | +23.1% |
5+ Bedrooms | $351K | $425K | +21.1% |
Summary: Lake View housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 21.1%.
Median Sold Price Compared To Nearby Cities
Derby | $202.9K | $215K | +5.9% |
Evans | $189.4K | $200.5K | +5.8% |
Lake View | $290K | $305K | +5.2% |
Eden | $269.9K | $262K | -2.9% |
Housing Supply in Lake View, NY
How many homes are available in Lake View, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Summary: The Lake View real estate market had 16 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 6 | -40.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lake View housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lake View in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Lake View, NY
How long does it take to sell a home in Lake View, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 16 Days | +163.2% |
Summary: Homes in Lake View had an average of 16 days on market in Apr 2024, up by 163.2% compared to last year.
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
Summary: During April 2024, 3 homes were sold in Lake View; 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.