Market Update
Central New York
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
Med. Sales Price
$199k
21% more than in
Q1 2025
Q1 2025
Avg. Days On Market
40
33% more than in
Q1 2025
Q1 2025
Closed Sales
270
3% fewer than in
Q1 2025
Q1 2025
Inventory
305
1% more than in
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $133k | $151k | 375 |
| Q1 '23 | $131k | $170k | 322 |
| Q1 '24 | $151k | $175k | 296 |
| Q1 '25 | $165k | $214k | 278 |
| Q1 '26 | $199k | $249k | 270 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 92.6% |
|---|---|
| Q1 '26 | 250 |
| Q1 '25 | 271 |
| 1YR CHANGE | -8% |
| Closed $500k - $1m | 6.3% |
| Q1 '26 | 17 |
| Q1 '25 | 5 |
| 1YR CHANGE | +240% |
| Closed $1m - $2m | 0.7% |
| Q1 '26 | 2 |
| Q1 '25 | 1 |
| 1YR CHANGE | +100% |
| Closed Over $2m | 0.4% |
| Q1 '26 | 1 |
| Q1 '25 | 1 |
| 1YR CHANGE | 0% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 34 | $133k |
| Q1 '23 | 35 | $131k |
| Q1 '24 | 29 | $151k |
| Q1 '25 | 30 | $165k |
| Q1 '26 | 40 | $199k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
1%
New Listings
New Listings represents the number of properties listed during the quarter.
-5%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-2%
Closed Sales
-3%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
33%
Canandaigua
Median
$308k
DOM
29
Sales
19
Inv
4
Cayuga
Median
$255k
DOM
74
Sales
3
Cooperstown
Median
$595k
DOM
41
Sales
6
Inv
4
Fayetteville
Median
$316k
DOM
13
Sales
10
Inv
5
Geneva
Median
$195k
DOM
53
Sales
22
Inv
16
Gowanda
Median
$147k
DOM
40
Sales
2
Inv
3
Ithaca
Median
n/a
DOM
0
Sales
0
Inv
2
Keuka
Median
$239k
DOM
32
Sales
1
Inv
1
Oneonta
Median
$218k
DOM
58
Sales
16
Inv
13
Oswego
Median
$157k
DOM
59
Sales
31
Inv
33
Seneca
Median
$167k
DOM
57
Sales
10
Inv
7
Skaneateles
Median
$775k
DOM
70
Sales
11
Inv
5
Syracuse
Median
$177k
DOM
31
Sales
139
Inv
213