Is Watson, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Watson is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Watson has remained a Seller's Market.

Key Takeaway

Watson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Watson, NY

How much do homes in Watson, NY cost?

Median Sold Price

$101,050

$94/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$50,950(-33.5%)

Key Takeaway

Homes in Watson have sold for 33.5% less than they did a month ago.

Summary: The median home sold price in Watson was $101,050 in April 2024, down 33.5% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $152K$59K
-61.2%
3 -$143.1K
N/A
4 --
N/A
5+ --
N/A

Summary: Watson housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 61.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Watson, NY

How many homes are available in Watson, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The Watson real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 12
+100.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Watson 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Watson, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Watson in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Watson, NY

How long does it take to sell a home in Watson, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
157 Days130 Days-17.2%

Summary: Homes in Watson had an average of 130 days on market in Apr 2024, down by 17.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Watson are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Watson; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Watson, NY

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What housing markets are near Watson, NY?