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Market Conditions in Juniata Park/ Feltonville : Real Estate Advice

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Thu Jan 31, 2008
Chris & Stephanie Somers answered:
Jack,

These properties used to fly off the shelf. I recommended sellers that the top of the market in Juniata was about a year ago and my timing was pretty much right on the mark. Now there is a lot of inventory... for the first time, listings are expiring and are being withdrawn. Im pretty sure the days on market is approximately 3 months which still is not bad, but there is a lot of inventory and a lot of overpriced properties that are on the market as sellers have not adjusted to the correction in Juniata in addition to the fact that a lot of the buyers that could get mortgages there a year cannot get them today. My office is not far from there and I personally have sold many many properties there in the last couple of years. If you have other specific questions, let us know. Our website is below. ... more
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