April 2019 Real Estate Market Update
by Zip Code for Saratoga County, NY
by Eli King for Roohan Realty | May 21, 2019
Note: The following data includes only Single Family, 2 Family and Multi-Family resale properties that closed between 4.1.19 and 4.30.19. Commercial properties, rentals and new construction listings have been excluded. Data source: GLOBALMLS
Summary Comparison Charts
The number of listings sold indicates the level of real estate activity in a given zip code. Last month, Clifton Park, Saratoga Springs and Ballston Spa had the most real estate transactions close:
The median sale price means that half of the homes sold were lower than that price, and half were higher. Homes in Rexford, Saratoga Springs and Waterford had the highest median sale prices last month:
Days on Market (“DOM”) is a measure of how long a home takes to sell and helps indicate demand of an area. Homes sold in Greenfield, Burnt Hills and Stillwater had the fastest turnover during the month of April:
The average sale to list price ratio is an indicator of whether homes in an area are selling above, at, or below their asking price. Scores above 100 mean homes sold above asking price; below 100 sold for less than list price. Stillwater homes ranked #1 last month in terms of sellers getting close to the amount they listed for:
12019: Ballston Lake, Country Knolls, Charlton
Listings sold: 13 (-13% YoY)
Median sale price: $245,000 (-16% YoY)
Average # days on market: 57 (decreased 16% YoY)
Sale-to-list price ratio: 96.63 (#15)
12020: Ballston Spa, Malta
Listings sold: 31 (+29% YoY)
Median sale price: $255,000 (+5% YoY)
Average # days on market: 52 (increased 41% YoY)
Sale-to-list price ratio: 98.72 (#3)
Featured listings there:
- $55,000 – commercial land w/230′ frontage on Route 9 near I-87 Exit 13
- $179,995 – fully renovated, 2 bedroom end-unit townhome
- $249,900 – lovely 3 bedroom home on a half acre lot
- $309,000 – (NEW) open floor plan ranch on nearly an acre, meticulous & stylish inside
- $324,900 – adorable 4 bedroom Saratoga Lake cottage
12027: Burnt Hills
Listings sold: 8 (+300% YoY)
Median sale price: $229,000 (-7% YoY)
Average # days on market: 28 (decreased 76% YoY)
Sale-to-list price ratio: 96.20 (#17)
Featured listings there:
- $485,000 – new construction on over an acre, other lots available
12065: Clifton Park
Listings sold: 41 (+11% YoY)
Median sale price: $310,000 (+10% YoY)
Average # days on market: 55 (increased 25%)
Sale-to-list price ratio: 98.44 (#4)
12822: Corinth
Listings sold: 9 (-10% YoY)
Median sale price: $135,000 (-30% YoY)
Average # days on market: 89 (decreased 40% YoY)
Sale-to-list price ratio: 99.08 (#2)
Featured listings there:
- $30,000 – approved building lot in Westview Park, other lots available
- $120,000 – logged 40 acre land parcel, subdividable
12074: Galway
Listings sold: 3
Median sale price: $260,000
Average # days on market: 66
Sale-to-list price ratio: 96.90 (#13)
Featured listings there:
- $27,900 – 3.82 acre building lot with 43′ frontage, other lots available
- $134,900 – 53+ wooded acres just 15 minutes from Saratoga Springs
12831: Gansevoort, Wilton, Kings Station, Gurn Spring, Fortsville
Listings sold: 16 (-20% YoY)
Median sale price: $286,375 (no chg YoY)
Average # days on market: 51 (decreased 12% YoY)
Sale-to-list price ratio: 97.26 (#9)
Featured listings there:
- $49,000 – last lot in phase 1 of Ridge View Estates
- $424,900 – beautiful 4 bedroom, 2.5 bath New Castle colonial
- $425,000 – updated 4 bedroom contemporary
- $484,900 – 6 bedroom home that can also be split into 2 private residences
12833: Greenfield Center
Listings sold: 4 (+100% YoY)
Median sale price: $277,000 (-52% YoY)
Average # days on market: 11 (decreased 93% YoY)
Sale-to-list price ratio: 97.34 (#7)
Featured listings there:
- $41,400 – recently surveyed and subdivided lot, others available
- $349,900 – unique, well maintained 3 BR property on 21+ acres with great views
- $414,900 – beautiful 4 bedroom colonial on 2.5 acres, only 7 miles from Broadway
- $575,000 – completely renovated Cape Cod with new insulation, siding & roof
12835: Hadley
Listings sold: 3 (+200% YoY)
Median sale price: $74,200 (-60% YoY)
Average # days on market: 126 (increased 404% YoY)
Sale-to-list price ratio: 80.66 (#18)
Featured listings there:
- $39,500 – level, wooded, approved 5.5 acre lots minutes from Sacandaga Lake (others available)
- $169,900 – country store for sale across from Great Sacandaga Lake & Brooks Bay Beach Club
12118: Mechanicville, Maltaville
Listings sold: 13 (+44% YoY)
Median sale price: $280,000 (+8% YoY)
Average # days on market: 53 (increased 20% YoY)
Sale-to-list price ratio: 96.30 (#16)
Featured listings there:
- $234,000 – prime development opportunity on 0.919 acres of level dry commercial land
- $795,000 – local builder built this dream home for himself, less than 2 miles from Brown’s Beach
12850: Middle Grove
Listings sold: 3 (-33% YoY)
Median sale price: $299,000 (-11% YoY)
Average # days on market: 37 (decreased 10% YoY)
Sale-to-list price ratio: 98.33 (#5)
Featured listings there:
- $115,000 – superior, shovel ready building lot with well drilled & approved leach field installed
- $983,000 – 4,200 sqft, 6 year old custom post and beam home with 1st floor master suite
12859: Porter Corners
Listings sold: 1 (67% YoY)
Sale price: $223,500 (-40% YoY)
# days on market: N/A
Sale-to-list price ratio: 97.17 (#11)
Featured listings there:
- $35,000 – 1.59 acre lot in Wedgewood Hills
- $314,000 – to be built with Kodiak Construction, 3.8 acre lot
12148: Rexford, Vischer Ferry
Listings sold: 6 (+200% YoY)
Median sale price: $377,500 (+23% YoY)
Average # days on market: 74 (decreased 11% YoY)
Sale-to-list price ratio: 97.16 (#12)
12863: Rock City Falls
Listings sold: 0
Median sale price: N/A
Average # days on market: N/A
Sale-to-list price ratio: N/A
Featured listings there:
- $22,500 – 1.5 acre residential lot in Ballston Spa school district
12151: Round Lake, Ushers
Listings sold: 0
Median sale price: N/A
Average # days on market: N/A
Sale-to-list price ratio: N/A
Featured listings there:
12866: Saratoga Springs
Listings sold: 32 (-18% YoY)
Median sale price: $352,500 (-13% YoY)
Average # days on market: 50 (decreased 48% YoY)
Sale-to-list price ratio: 97.21 (#10)
12871: Schuylerville
Listings sold: 6 (no change YoY)
Median sale price: $219,946 (+94% YoY)
Average # days on market: 35 (decreased 49% YoY)
Sale-to-list price ratio: 96.82 (#14)
Featured listings there:
- $240,000 – new home sites with Mansfield Custom Homes, others available
- $369,000 – exceptionally well maintained, 3 bedroom, 2.5 bath colonial on 1.8 acres, quiet cul-de-sac
12803: South Glens Falls
Listings sold: 5 (-17% YoY)
Median sale price: $167,000 (-8% YoY)
Average # days on market: 111 (increased 29% YoY)
Sale-to-list price ratio: 97.30 (#8)
12170: Stillwater, Bemis Heights
Listings sold: 3 (+200% YoY)
Median sale price: $253,000 (+63% YoY)
Average # days on market: 32 (increased 191% YoY)
Sale-to-list price ratio: 99.49 (#1)
Featured listings there:
- $62,500 – newly subdivided 2 acre lot, ready to build your dream home, others available
12884: Victory Mills
Listings sold: 0
Median sale price: N/A
Average # days on market: N/A
Sale-to-list price ratio: N/A
12188: Waterford, Halfmoon, Crescent
Listings sold: 6 (+20% YoY)
Median sale price: $337,000 (+50% YoY)
Average # days on market: 132 (increased 633% YoY)
Sale-to-list price ratio: 97.35 (#6)
You might also like…
- latest blog posts
- interactive maps (boating, beaches, parks, trails & more)
- Roohan Beat newsletter