Is Holland Patent, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holland Patent is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Holland Patent, NY

How much do homes in Holland Patent, NY cost?

Median Sold Price

$278,000

$162/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$17,000(-5.8%)

Key Takeaway

Homes in Holland Patent have sold for 5.8% less than they did a month ago.

Summary: The median home sold price in Holland Patent was $278,000 in April 2024, down 5.8% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $235K$150K
-36.2%
3 $454.9K$390K
-14.3%
4 -$344.5K
N/A
5+ $355K-
N/A

Summary: Holland Patent 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 36.2%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Holland Patent, NY

How many homes are available in Holland Patent, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
136-53.8%

Summary: The Holland Patent real estate market had 6 homes for sale in April 2024, a 53.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 83
-62.5%
4 22
0.0%
5+ 10
-100.0%

Summary: The Holland Patent 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 decreased by 50%, 3 bedroom homes decreased by 62.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holland Patent, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Holland Patent in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Holland Patent, NY

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

Average Sale Time

Mar 2024Apr 2024CHANGE
51 Days7 Days-85.0%

Summary: Homes in Holland Patent had an average of 7 days on market in Apr 2024, down by 85% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Holland Patent; 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.

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

Report Updated 28 Days Ago

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