Recent pending activity shows buyers are still stepping in, even with limited supply.
If you are wondering whether demand is still active enough to support a sale, I would say yes based on the latest pending numbers. In Amsterdam, NY, 7 homes went under contract over the previous 30 days, and their typical asking price was $275,000.
Those newly pending homes in Amsterdam, NY had a typical pace of 39 days before going under contract last month, and the typical price per square foot was $148. At month end, there were 19 pending homes with a typical asking price of $232,500. That gives sellers a useful read on the middle of the market. Buyers are still absorbing homes, but not every pending property moved at the same speed as recent closings. I would take that as a sign that positioning still matters. The market is active, but it is not random. Study the price band where homes are actually going under contract. Position your home against the current pending pool, not just the newest active listings. In Amsterdam, NY, make sure your first asking price makes sense for the segment you are targeting.
About Jessica Hurta
Jessica Hurta is a licensed Real Estate Professional affiliated with Jessica Hurta at eXp Realty, specializing in the Amsterdam market. With a focus on strategic marketing and deep local knowledge, Jessica Hurta provides clients with expert guidance in navigating complex real estate transactions. View full profile →
