But it’s arguable, that tracking the School District data, is more important that tracking just the zip code.
This is because, homes sold within the same zip code, could pull from a multitude of different school districts. And this weighs greatly on Demand, and the ease of which homes sell.
There are many areas of the Capital Region in which the housing data shows us how much of an impact school districts have.
One of those is the Shenendehowa School District.
The Shenendehowa School District consists of 6 zip codes. And no matter which zip code Shen home sales pull from, it’s link to the Region’s top school district matters.
Of course 12065, Clifton Park, dominates the sales data with 160 of the 255 homes sold within the Shen School District.
12019 Ballston Lake is 2nd behind Clifton Park with a modest 46 homes sold within the same district.
So what other zip codes pull into the Shen School District?
- 12019 Ballston Lake
- 12065 Clifton Park
- 12151 Round Lake
- 12188 Waterford
- 12148 Rexford – Vischers Ferry
- 12118 Mechanicville
If you own a home in one of these zip codes, there is a chance you are within the boundaries of the Shen School District.
And if you’re not, the sales data shows us how much Leverage you’ve lost by being outside the #1 school district.
Take Ballston Lake for example. The 12019 Zip code pulls from about 4 school districts, Shen being one of the predominant.
So far in 2017, 46 home sales in the 12019 zip code pulled in from Shen. While 22 home sales pulled from Burnt Hills – Ballston Lake.
While still a good school district, the difference in average sale price was around $50,000. That’s right, demand and leverage show through the statistics, telling us more money will be paid if the home is located within the Shen school district.
12019 Homes for sale within Shen Schools
When it comes to our School District Index, and the statistical leaders within that index, Shen schools is # 1 for many reasons.
They rank in the Top 5 in homes Listed, Sold, and Average Sale Price.
They also rank in the Top 10 in Days on Market, with homes selling in under 60 days.
Shen is currently 22 Points ahead of #2 Guilderland School District in the rankings, with no signs of slowing down.
And they are averaging 50 sales per month, the most in the region, with a healthy sellers market at just under 30% absorption rate.
Bottom line is, school districts matter, a lot.
This is what Leverage looks like, and the reason we track the market’s every move.
When buying and selling a home, it’s all about demand.
Listing your home that pulls from Shen Schools means you have the upper hand.
And looking to buy a home in Shen Schools means getting ready for competition and even, losing out to other bidders.
Get a jump on the newest homes for sale in Shen Schools so you don’t miss out.
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