Johnstown Real Estate Market Sees Sales Fall

The Johnstown market slowed with a 16.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 5.8 monthly average with five homes sold. On the other hand, close-by Gloversville registered 12 homes sold in the same time frame, the most of all surrounding cities. Months of inventory is on a four-week upswing, this week hitting seven months. Johnstown is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Johnstown:

$229K   $204K   $124K  

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

Demographic facts for Johnstown:

  • The average age of the population is 40 years old.
  • The health cost index score in this area is 108.8. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (48.4%), 15-29 min (32.1%), 30-44 min (8.0%), 45-59 min (5.0%), >60 min (6.5%).

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Coldwell Banker Arlene M. Sitt
Snapped 3 homes in this area
CMK & Associates Real Estate
Snapped 1 home in this area

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