Is Pittsford, 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, Pittsford has remained a Seller's Market.
Key Takeaway
Pittsford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pittsford, NY
How much do homes in Pittsford, NY cost?
Median Sold Price
$455,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pittsford have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Pittsford was $455,000 in April 2024, up 13.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.5K | - | N/A |
| 2 Bedrooms | $305K | $309.5K | +1.5% |
| 3 Bedrooms | $335K | $387.5K | +15.7% |
| 4 Bedrooms | $442.5K | $470K | +6.2% |
| 5+ Bedrooms | $581K | $629K | +8.3% |
Summary: Pittsford 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 increased by 1.5%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in Pittsford, NY
How many homes are available in Pittsford, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 80 | 83 | +3.8% |
Summary: The Pittsford real estate market had 83 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 33 | 25 | -24.2% |
| 4 Bedrooms | 30 | 40 | +33.3% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Pittsford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 24.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsford, you could pay more than the asking price. 89.5% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Pittsford in April 2024, down by 13.6% month-over-month. Of the 19 sold homes, 5% were sold under asking, 5% were sold at asking, and 89% were sold over asking.
Days on Market for Pittsford, NY
How long does it take to sell a home in Pittsford, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 6 Days | -29.1% |
Summary: Homes in Pittsford had an average of 6 days on market in Apr 2024, down by 29.1% compared to last year.
Breakdown of Home Sale Times
19 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 Pittsford are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in Pittsford; 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.
