The housing market in Canajoharie continues to see strong price appreciation, with values up 32.3% compared to last year. Home prices have increased 3.8% in the past month alone. With 2.0 months of supply, Canajoharie's inventory levels remain relatively tight. Sales volume is down 50% compared to seasonal expectations. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Canajoharie market with the affordability index at 432.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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