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Market Report: Putnam County WV homes for sale see 7% increase!

Hurricane WV Welcome SignHomes for sale in Putnam County, West Virginia see a 7% increase in final sales price for November 2011. The communities of Teays Valley, Hurricane and Winfield reaped a median increase of $13,900 in the month of November versus the same period in 2010.

The median price for a 3 bedroom home in Teays Valley, West Virginia sold for $208,900. Thirty-seven homes completed escrow during this month, a gain of three over 2010.

Putnam County consists of three major communities, Teays Valley, Hurricane & Winfield, as well as many smaller ones. The area is largely unincorporated and is the second-fastest growing region in West Virginia.

While once a sleepy farm county, the area has experienced an explosion of growth as a result many Teays Valley houses for sale are new construction. The majority of homes are less than 15 - 20 years old, compared to the Charleston area where they are nearing 80 years or more.

 

Dale Samples is a REALTOR serving the Charleston, Teays valley, Cross Lanes, West Virginia market. If you are looking to buy or sell a home, contact me today! You can call/text (304) 741-4705. Search Charleston / Teays Valley WV Houses & Real Estate Listings For Sale

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Image: Flickr user jimmywayne.

Posted Wednesday Nov 30