Crystal J Coleman, Paige Amsler, Listing Office: Crystal Coleman Realty LLC
New Scotland Housing Market Report December 2024•Albany County, New York
Housing Prices in New Scotland, NY
How much do homes in New Scotland, NY cost?
Housing Market Conditions
Is New Scotland, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New Scotland is a Seller's Market
Difference Since December 2023
Since last year, New Scotland has remained a Seller's Market.
New Scotland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in New Scotland have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in New Scotland was $365,000 in December 2024, up 1.4% from last year, and the median price per square foot was $223.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Slingerlands | $394.5K | $485K | +22.9% |
Delmar | $390K | $429.9K | +10.2% |
Voorheesville | $360K | $374.9K | +4.1% |
New Scotland | $360K | $365K | +1.4% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $110.3K | $55.1K | -50.0% |
22 Bedrooms | $230K | $242.3K | +5.4% |
33 Bedrooms | $335K | $351.9K | +5.1% |
44 Bedrooms | $426K | $400K | -6.1% |
55+ Bedrooms | $359.9K | $455K | +26.4% |
Summary: New Scotland housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -50.0%. The home price for 2 bedroom homes increased by +5.4%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes decreased by -6.1%. The home price for 5 bedroom homes increased by +26.4%.
Housing supply in New Scotland, NY
How many homes are available in New Scotland, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
22Last MonthDec 2024 | ||
262 months agoNov 2024 | -15.4 % Change MoMNov – Dec |
Summary: The New Scotland real estate market had 22 homes for sale in Dec 2024, a 15.4 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthDec 2024 | ||
72 months agoNov 2024 | -42.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 5 | 4 | -20.0% |
33 Bedrooms | 8 | 7 | -12.5% |
44 Bedrooms | 8 | 7 | -12.5% |
55+ Bedrooms | 4 | 3 | -25.0% |
Summary: New Scotland housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in New Scotland, NY cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price1 Home
If you're buying a home in New Scotland, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in New Scotland in December 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and and 50% were sold over asking.
Days on Market for New Scotland, NY
How long does it take to sell a home in New Scotland, NY?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in New Scotland are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in New Scotland; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
15 DaysThis YearDec 2024 | ||
28 Days1 year agoDec 2023 | -45.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in New Scotland had an average listing age of 15 days in Dec 2024, down by 45.8% compared to the previous year.
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Newest Listings in New Scotland, NY
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Nearby markets
Nearby markets aren't available for New Scotland, NY
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MLS Disclaimers and Copyright
Based on information from Global MLS, for the period 01/01/2023 - 01/01/2025
Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/29/2025, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.