Curious to know how the Niskayuna, New York, real estate market performed this year? In this 2022 Year in Review Housing Report, we compare data from Niskayuna 2021 to 2022 to see how the market performed in the area.
The number of Niskayuna single family homes sales are down 33.7% & Average Sales prices are up 9.5%
As of December 31, 2022, the number of Niskayuna single family home sales decreased 33.7%, as there were 309 sales in 2022 compared to 466 in 2021.
Average sales prices increased by 9.5%, going from $338,3113 in 2021 to $374,152 in 2022.
The number of multi family home sales which are 2, 3 and 4 family units, decreased 80% as there were 2 sold in 2022 compared to 10 in 2021.
Average sales pricing decreased by 18.7%, going from $264,540 in 2021 to $215,000 in 2022.
Conclusion:
Overall, now is an excellent time to be a seller in the Niskayuna area housing market! Buyer demand is at an all-time high, making it easier than ever before to find a buyer quickly and get top dollar for your property. Additionally, financing options are plentiful and sellers can use their equity as leverage in order to move up into their dream homes with ease. Don't wait any longer—if you're thinking about selling your home, now is the time!
Data provided by Capital District FLEXMLS and compared to the prior year.