TOWN OF BETHLEHEM

REAL ESTATE MARKET UPDATE

Local Sales from October – December 2021

A Personal Message From Broker & Owner, Judi Gabler

“Happy New Year! I’d like to introduce you to our local market update that you’ll find in your mailbox quarterly throughout 2022. Inside these pages are market statistics, buyer and seller seminar dates, and a list of all single-family sales in the Town of Bethlehem from the prior quarter of the year. I hope you will find it informative and interesting.

What are we seeing in the local market now? Well, the Bethlehem market remains strong on the selling side, continuing in the trend we have seen in the last two years across much of the Nation. It will be interesting to see how our local market will continue to be impacted by the extended building moratorium in Bethlehem, which has temporarily ceased approval on major subdivisions. As local real estate salespersons, we are hopeful to have an increase in inventory to meet the needs of our clients soon, especially with the establishment of the new Plug Power facility coming to Vista Tech Park in Slingerlands, which is planning to employ 700 people. In short, we do not see the “seller’s market” going away anytime soon in Bethlehem.

We are so proud to be a part of and serve the Bethlehem community. Please never hesitate to reach out with any real estate questions or advice you may need. From our Gabler Realty family to yours, wishing you a happy, healthy, and prosperous New Year ahead.”

– Judith Gabler, R. E. Broker & Owner of Gabler Realty

Your Market Review

Source: The Capital Region “Global Multiple Listing Service” (MLS)

July – September 2021 Sales

SINGLE-FAMILY HOME SALES ACROSS THE CAPITAL REGION GLOBAL MLS Q3:

Average Days on Market: 26
List Price to Sale Price Ratio: 102%
Avg. Sale Price Single-Family Home: $312,883
Single-Family Homes Reported as “Sold”: 3,824

October – December 2021 Sales

SINGLE-FAMILY HOME SALES ACROSS THE CAPITAL REGION GLOBAL MLS Q4:

Average Days on Market: 30
List Price to Sale Price Ratio: 100%
Avg. Sale Price Single-Family Home: $305,083
Single-Family Homes Reported as “Sold”: 3,678

January – December 2021 Sales

GLOBAL MLS STATISTICS FOR TOWN OF BETHLEHEM OVERALL 2021 SALES:

Average Days on Market: 18
List Price to Sale Price Ratio: 102%
Avg. Sale Price Single-Family Home: $349,424
Single-Family Homes Reported as “Sold”: 443

Want to see all the home sales in the Town of Bethlehem for the 4th quarter of 2021? Check out this page on your desktop!

Browse the spreadsheet below to see the Town of Bethlehem sales of the 4th quarter!

Buyer’s Corner & Advice

Partnering with a REALTOR® before beginning your home search…

Purchasing a home is a very rewarding experience, even though the many moving parts involved seem complicated and daunting. In this strong seller’s market, preparation is crucial to understanding what it takes to make a strong offer and win a bid on the home of your dreams. So here are my first two key points you need to know before you begin starting one of the most important purchases of your life!

Before starting your search, pair yourself with a trusted real estate agent to share with you knowledge of the process step-by-step. They will be your close confidante, who understands your needs, and who will honestly tell you when you should walk away from a house and when you should sign. This transparent relationship is critical. A buyer’s agent is going to be with you even after closing day, as a connected resource in the community to recommend contractors and other companies for all of your home maintenance or renovation needs as the years pass.

Having a buyer’s agent can sometimes be advantageous when picking out a lender for the house of your dreams. A great agent has behind-the-scenes information as to which mortgage companies are the best fit for your lending needs. They will match you with a lender, whose job is to look over your financials and determine the amount you need to borrow to not only have a home to enjoy, but a life to enjoy as well. Starting your search with a realistic budget in mind brings you the joy of house hunting and leaves out the stress of “can I truly afford this?”.

I encourage all potential homebuyers to attend our educational seminars so that you can be prepared for the journey to owning your own home. You too can be an expert, alongside your agent as a fully prepared team to make the process a breeze and handle any surprises that may come along the way. And no doubt, as every deal is unique, there will probably be at least one!

Brought to you by:
Rebecca Cavalieri, Real Estate Salesperson, REmotion Team at Gabler Realty
Cell/Text: (518) 210-4916 | Email: Rebecca@GablerRealty.com | www.GablerRealty.com/Rebecca

Upcoming Buyer Education Events

Thinking of buying a house?
Join us to learn about the process of purchasing a home and how to have the winning offer in this strong seller’s market.

FREE VIRTUAL
HOME BUYER’S SEMINAR

Date: Thursday, March 3
Time: 5:30 – 7:00pm
On Zoom! Visit www.ZoomGablerRealty.com

CLICK HERE TO REGISTER! SPACE IS LIMITED

All attendees will be entered into a raffle to win a Phillips Hardware gift card!

Event Host: Amanda Sponable-Pantalone, R.E. Salesperson
REmotion Team at Gabler Realty
Cell/Text: (518) 956-1066
Email: Amanda@GablerRealty.com

FREE IN-PERSON
HOME BUYER’S SEMINAR

Date: Saturday, March 12
Time: 10:00 – 11:30am
Normanside Country Club, 150 Salisbury Rd, Delmar

CLICK HERE TO REGISTER! SPACE IS LIMITED

*Masks Required.* Light refreshments will be served. All attendees will be entered into a raffle for a $200 Lowe’s gift card!

Event Host: Amanda Sponable-Pantalone, R.E. Salesperson
REmotion Team at Gabler Realty
Cell/Text: (518) 956-1066
Email: Amanda@GablerRealty.com

Seller’s Corner & Advice

Getting a pre-listing home inspection to save you time and headache…

Your home has been the place to hang your hat and feel at ease, no matter how long you have occupied the dwelling. You have spent time, money, and energy building equity over the years. When the time has come to sell your much-loved home, it is unusual to think of it as a product you are placing on the market. But it truly is, and by seeing it in this light, you will really take care to maximize impressions to sell for top dollar. In order to do this, paying for a pre-inspection before listing your house is a good way to ensure it sells for its highest value.

A pre-inspection is a discovery into the overall condition of your home as it is now. With the busyness of daily life, many of us don’t think to look for mold in our attics or are even aware of the asbestos-wrapped piping in our basements. That crack in your foundation wall, is it structural or just cosmetic? When was the last time you looked up to notice the condition of the bricks on your chimney?

Addressing these major items now will absolutely save you time and money down the road so they do not come up during the buyers’ own home inspection. It is better to be proactive than reactive. Repairing these items upfront will save you time, money and headaches. We strongly encourage investing in a pre-inspection and addressing any concerns before listing your home, to pave the way to a great offer and a smooth closing.

A message from Agent of the Quarter, Mary Canova

“I initially started my career in real estate as a professional home stager. My role then, and now, involves assisting homeowners in preparing their homes for sale. Maximizing the first impression is key to getting top dollar for your home. In fact, according to the National Association of REALTORS®, staged homes sell faster and for more money!

To get started staging without hired help and expense, I advise homeowners to minimize clutter and excess furniture so that the home’s most valuable features and square footage are highlighted. Also, store away personal memorabilia and items from common areas, and keep in mind that you want the house to appeal to the broadest number of buyers. Neutral (but not boring) is always the safest plan for resale.

If I can be of further assistance, don’t hesitate to reach out via call or text at 518-928-9797!”

– Mary Canova, R.E. Salesperson
Cell/Text: (518) 928-9797 | Email: MaryCanova7@Gmail.com

Upcoming Seller Education Events

Thinking of selling your house?
You only have one shot at a first impression! Learn how to prepare your home to sell quickly and for top dollar. Also learn how to navigate selling your home and buying another in this competitive market.

FREE IN-PERSON
HOME SELLER’S SEMINAR

Date: Saturday, March 26
Time: 10:00 – 11:30am
Normanside Country Club, 150 Salisbury Rd, Delmar

CLICK HERE TO REGISTER! SPACE IS LIMITED

*Masks Required.* Light refreshments will be served. All attendees will be entered into a raffle for a free pre-listing home inspection!

Event Host: Mary Canova, R.E. Salesperson
Cell/Text: (518) 928-9797
Email: Mary@GablerRealty.com

FREE VIRTUAL
HOME SELLER’S SEMINAR

Date: Thursday, March 31
Time: 5:30 – 7:00pm
On Zoom! Visit www.ZoomGablerRealty.com

CLICK HERE TO REGISTER! SPACE IS LIMITED

All attendees will be entered into a raffle for a free pre-listing home inspection!

Event Host: Mary Canova, R.E. Salesperson
Cell/Text: (518) 928-9797
Email: Mary@GablerRealty.com

Recommended Local Businesses & Sponsors

Office: (518) 729-3782
www.HomesteadFunding.com
318 Delaware Ave, Main Square Suite 15,
Delmar, NY 12054

Phone: (518) 439-2770
Email: Hartmann@ExcelSecurities.com
2 Howard Pl, Suite #1, Delmar, NY 12054

Phone: (518) 459-7100
www.QualityPM.com
199 Delaware Ave, Delmar, NY 12054

Phone: (518) 588-6200
Email: Kimball.Lynne@Gmail.com
1345 New Scotland Rd, Slingerlands, NY 12159

Phone: (518) 765-2042
www.CertifiedHomeInspections.biz
36 East Claremont Dr, Voorheesville, NY 12186

Phone: (518) 621-6568
www.OrganizeSeniorMoves.com
PO Box  673, Glenmont, NY 12077