Search Bolton Landing Homes For Sale including condos, new listings, and more with Bolton Landing expert, Sherwood Group, LLC.
Bolton Landing, NY Housing Market Trends
The Bolton Landing housing market is relatively calm, offering opportunities for buyers to negotiate favorable terms. Last month, the median home sale price in Bolton Landing was $575,000, reflecting a significant 28.8% decrease compared to the previous year. Additionally, the median price per square foot dropped to $300, marking a 32.2% decline year-over-year. These trends suggest a shift in the types of homes being sold, possibly fewer luxury properties or a market adjustment. For buyers, this could be an ideal time to explore Bolton Landing, as the softer market conditions might provide more options and leverage during negotiations.
The Bolton Landing housing market is relatively relaxed, with homes typically selling in about 34 days. Multiple offers are uncommon, reflecting a balanced market where buyers face less competition. On average, homes sell for around 3% below the list price and go pending within approximately 34 days. However, "hot" properties, which attract more attention, can sell closer to the list price and go pending in as little as 10 days. This market dynamic offers buyers a more measured pace while still rewarding well-priced, desirable homes with faster sales.
In October 2024, Bolton Landing, NY, was a buyer's market, indicating that the supply of available homes exceeded the demand. This creates favorable conditions for buyers, who have more options to choose from and greater negotiating power when it comes to pricing and terms. Sellers may face longer times on the market and may need to price their properties competitively to attract offers in this environment. For buyers, this presents an excellent opportunity to find a property in Bolton Landing at potentially more favorable terms.
Have questions about buying a property in Bolton Landing, NY? We’re here to help! Whether you’re seeking a serene lakeside retreat or a cozy home in this charming town, our team is ready to guide you through every step of the process. Don’t miss the opportunity to find the perfect property in this scenic and relaxed market. Reach out to us today for more information or to schedule a personalized consultation. Let’s turn your Bolton Landing real estate goals into reality!
Discover what makes Bolton Landing, NY, a unique and captivating place to call home. From its stunning lakeside views and outdoor recreation to charming local shops and dining, our Bolton Landing Neighborhood Guide is your ultimate resource. Whether you're planning a move or simply exploring, this guide will help you uncover all the reasons why Bolton Landing could be your perfect retreat. Start exploring today and get inspired by all this beautiful area has to offer!
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact us today.