West Virginia

Lewisburg WV Market Report | January 2012

Take Me Home Country Roads to the place I belong....West Virginia!

Check out West Virginia byways and take a day trip or stay a week and explore West Virginia's scenic byways. Breathtaking beauty awaits around every mountain curve.

January 2012 sales are up by one compared to 2011

Pending sales were down by 3 for 2012

Active Listing were down by 29 for 2012

New listings up by 2 in 2012

Average Days on the Market were higher in 2012 by 134 more days

• Average list price for January 2012: $216,750

• Average list price for January 2011: $176,400

• Average sales price for January 2012: $201,375

• Average sales price for January 2011: $164,000

• Sales price to list price ratio for January 2012: 0.90%

• Sales price to list price ratio for January 2011: 0.93%

There are presently 47 residential properties currently active in Lewisburg. The Lewisburg Real Estate market shows that the average sales price for residential homes is around $267,131 with the average days on the market being 178 days. The price range of the 47 active properties are from $65,000 to $950,000.

On last month’s market report, I mentioned that Lewisburg real estate market is a buyers' market as the absorption rate for Lewisburg Real Estate shows over eight months of inventory. At this writing, the Lewisburg market is still a buyer’s market.

It's the ideal time for buyers to get their dream home....are you tired of renting and seeing your money go out the window...act now and make that investment for your future! Call me and I’ll be glad to help you find that dream home.

Chris Landis, owner and developer of CNS Designs, will be introducing the new and upcoming West Virginia Real Estate Guide and Website. This Guide and website will focus on Greenbrier County lifestyle investments. Chris says his is goal is to make the West Virginia Real Estate Guide the NUMBER 1 resource for everything Real Estate (Property Listings, Mortgage loans and Home Owners Insurance) in Greenbrier County.


The printed guide will be inserted into the West Virginia Daily News (4200 copies) with an additional 2800 copies distributed in the Greenbrier County area. Not only will the WV Real Estate Guide be available in hardcopy, but there will also be a website (which will be opened to the public on March 1, 2012) where a digital copy of the magazine can be found along with property listings, mortgage loan providers and home owner's insurance providers.

For Realtors advertising in the WV Real Estate Guide, they will receive a free Call Source 800 tracking number, User name, and password where they will be able to login and view multiple, printable call reports.

The deadline for all agents interested in advertising in the first issue of the WV Real Estate Guide is February 15th (all contracts and payments needed). If you are not already in the first issue and would like to be, please contact Chris with CNS Designs at (843) 864-3193 and he will be happy to help you get your ad in th first issue.

On March 1, look for the WV Real Estate Guide, a new magazine providing resource for everything Real Estate (Property Listings, Mortgage loans and Home Owners Insurance) in Greenbrier County.

Land for sale In Greenbrier Pines, a superb residential subdivision located within the city limits of Lewisburg WV. Build your dream home on this secluded wooded lot in Greenbrier Pines, Lot #8, consisting of 1.79 acres. Listed at $65,000, it is located in Phase III on Old White Drive, Lewisburg, WV. Greenbrier Pines has underground utilities and the homeowner's association dues are $200 annually.

List Price: $65,000

Lot#8, Phase III, Greenbrier Pines

MLS# 11-1077

This is the only lot on the market listed on the MLS.

The last lot sold was in 2007 for $79,500 for 1.56 acres.

Greenbrier Pines

Greenbrier Pines is located just minutes from

• historical downtown Lewisburg,
• Lewisburg Elementary, Middle and High Schools
• West Virginia School of Osteopathic Medicine, and the
• Greenbrier Resort

If golf is your game, there are several nearby courses:

• Lewisburg Elks Country Club

• Greenbrier Resort has three championship golf courses

• Greenbrier Sporting Club Golf Course,

• Valley View Country Club, Inc.

• Oakhurst Links

You will find many outdoor adventures to enjoy in Lewisburg and the Greenbrier County.........hiking, biking, camping, caving, canoeing, fishing, snow skiing, cross-country skiing, and so much more!!

Of course, Lewisburg is known for their great restaurants
Stella’s Tea House, Bella Casa, Food and Friends, Stardust Cafe, just to name a few. With no crowds, shopping is fun exploring the specialty shops.

There's always something going on year-round in Lewisburg with the award-winning galleries, Greenbrier Valley Theatre, Carnegie Hall, and so much more.

Looking for some secluded land in a prime subdivision in Lewisburg, WV....check out Greenbrier Pines. Leave the hurry of the city behind and enjoy the tranquility of this exclusive community.

The Greenbrier Humane Society’s 2012 Furr Ball Event: Dancing with the strays will be held on Saturday, February 4, from 7:00 pm until 11:30 pm at the Lewisburg Elks Country Club. Food will be provided by Blackwells. Besides great food, there will be a Silent Auction. For those that love to dance, music will be provided by the popular Dance Band In the Heat of the Night.

Ticket Price: $25.00 in advance OR $30.00 at the door
($500.00 Sponsor to reserve 10 tickets and a table)

Tickets sold at

The Greenbrier Humane Society

151 Holliday Lane, Lewisburg, WV 24901

(304) 645-4775

Directions: The Greenbrier Humane Society - Route 60 West about 1/4 mile outside of Downtown Lewisburg, W.V. After you pass Jim’s Drive-In, make a left on Holliday Lane.

If you are interested in adopting an animal, go to the Greenbrier Humane Society website to see all the animals and the statistics on each one. Pictured below are two of the animals... Freddy an adult male Airedale Terrier, and Carson, an adult male domestic medium-hair cat.

Hours of Operation: The Greenbrier Humane Society is opened

Monday – Friday 9:00 AM to 5:00 PM

On Saturdays – 11:00 AM to 3:00 PM

Kennels open at 11:00 AM for animal viewing and adoptions

Come out for some good food, music and dancing, and support the Greenbrier Humane Society’s 2012 Furr Ball Event: Dancing with the strays. It will be an enjoyable evening!

UNDER CONTRACT: Investment Property in Charleston, WV

Vacant after several years, this home situated on the corner of Joseph Street in downtown Charleston, WV, has finally found a new owner. Featuring a beautiful stone fireplace, lovely tin ceiling in the kitchen and a stunning wood ceiling in the living room, this home is also conveniently located two blocks from the Town Center Mall and Charleston Civic Center Arena.

Dale Samples, REALTOR serving the Teays Valley, Cross Lanes, and Charleston area found a new buyer in a little over 90 days. The real estate listing is scheduled to close in early February.