Glenville is ONE TOWN that contains FIVE different real estate markets. These markets can best be defined by the school districts they fall within: Greater Amsterdam, Burnt Hills-Ballston Lake, Galway, Niskayuna and Scotia-Glenville. Here’s what is currently happening in this unique housing market:
In the town at large, there are 138 single family homes seeking a buyer*. Their average list price is $195,048 & they’ve been on the market an average of 119 days. The story gets more interesting though when we break it down further:
There are currently 26 homes within the Burnt Hills-Ballston Lake School District that are on the market and seeking a new owner. The average home in this area has been on the market for 120 days at an average list price of $235,761.
Actively-listed Glenville homes within the Niskayuna Central School District are 9 and they have been on the market an average of 124 days at an average list price of $211,655.
The largest market share goes to those homes within the Scotia-Glenville Central School District. There are currently 102 single family homes seeking a new owner. Their average list price is $182,568 and they have an average of 120 days under their belt on the market.
And last but certainly not least, there is 1 home currently for sale in the Galway Central School District market. It hit the market within the past week at $260,000. There are no homes on the market within the area of Glenville that is serviced by the Greater Amsterdam School District.
It’s important that these sub-markets are recognized within the larger town market in order to properly marketing a property and establish realistic expectations for pricing and market demand. If it's time for you to sell, work with an agent who understands your market! For more information about this topic, contact Agent Brenda @ 518-527-0800.
*based on Jan 31 MLS data.
