The Altamont market was quiet this week and reported zero home sales over the last 30 days. Altamont usually averages 0.5 sales per month.
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The Altamont market was quiet this week and reported zero home sales over the last 30 days. Altamont usually averages 0.5 sales per month.
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With one home sold in the Altamont market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with one new listing for buyers to choose from. The median sales price has been increasing as it hit $30,000, extending a four-week long spike.
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Altamont is much younger than the rest of Pennsylvania, with a median age of 50. It's much less affluent than average as well, with a median income of $30,522 per household. Detached homes account for 75% of the area's current housing market. The top school in the city is Schuylkill Technology Centers-North Campus.
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With one home sold in the Altamont market over the last 30 days, we see no change from last week's numbers. However, one new listing came into the market. The median sales price in Altamont stayed flat at $30,000 while months of inventory spiked to four.
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The Altamont market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. Pricing in Altamont remains consistent from last week to this week, with the median sales price at $30,000 again. There are only three months of inventory available in Altamont, so it's a seller's market, even if sales are flat.
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Over the last 30 days, a determined downward trend of new sellers coming into the Altamont market continued, with zero listings in this week's report. Meanwhile, sales rose, with one home selling during the same period. As new listings coming into the market trended lower, the median sales price for the homes that have sold increased, hitting a six-month high at $30,000. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that Altamont is a seller's market.
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The Altamont market was quiet this week as no sales were reported over the previous 30 days. Altamont usually averages 0.4 sales per month.
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Sellers in Altamont weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Altamont usually averages 0.4 sales per month.
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Altamont is a smaller-than-average city in Pennsylvania with 602 residents. Also, it has a lower than average density with 651.9 people per square mile. With an ownership ratio of 77.4%, most people in Altamont are homeowners. The top school in the city is Schuylkill Technology Centers-North Campus.
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