Is Getzville, 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, Getzville was a Seller's Market.
Housing Prices in Getzville, NY
How much do homes in Getzville, NY cost?
Median Sold Price
$419,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Getzville was $419,500 in May 2024, up 38.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $150K | +28.1% |
2 Bedrooms | $167.2K | $170K | +1.6% |
3 Bedrooms | $318K | $343.7K | +8.1% |
4 Bedrooms | $454.1K | $485K | +6.8% |
5+ Bedrooms | $500K | $600K | +20.0% |
Summary: Getzville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.1%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
Getzville | $303K | $419.5K | +38.4% |
Amherst | $307.2K | $330.5K | +7.6% |
East Amherst | $426.2K | $445K | +4.4% |
Housing Supply in Getzville, NY
How many homes are available in Getzville, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The Getzville real estate market had 22 homes for sale in May 2024, a 22.2% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Getzville 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 40%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Getzville in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Getzville, NY
How long does it take to sell a home in Getzville, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 7 Days | -48.4% |
Summary: Homes in Getzville had an average of 7 days on market in May 2024, down by 48.4% 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 May 2024, 3 homes were sold in Getzville; 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.