Johnston Terrace Real Estate Market Sees Sales Down

The Johnston Terrace market slowed with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.6) with three homes sold. In comparison, the Pecan Springs Springdale neighborhood had 10 sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped to $250,700, down from last week's $272,850. With only one month of inventory to sell, Johnston Terrace is a strong seller's market, in spite of the dip in sales.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Johnston Terrace:

$409K   $310K   $339K  

Get started right now by checking out Johnston Terrace homes for sale or reviewing Johnston Terrace real estate trends.

Demographic facts for Johnston Terrace:

  • The average elevation in this area is 494 feet.
  • The median income is $36,482 per household.
  • The student-to-counselor ratio is 511:1. (513:1 = national average)

Data reported through 10/12/2016

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