|
|
Saint Albans WV home sales show Buyers Market in December 2011.
14 homes completed escrow in December 2011. Of the homes sold, the median list price was $88,200 with a median selling price of $85,000 and only remained on the market for 56 days.
The buyer's market was determined by using the absorption rate formula. With 122 active Saint Albans homes for sale, and with 14 sold real estate listings in December it would take 8.7 months to burn off or sale all listings on the market. Anything over 6 months is considered a Buyer's Market.
|
|
Saint Albans WV Homes were creeping up on home buyers in October. 26 homes found new owners and completed escrow. This was an almost 20% improvement over October 2010.
The Saint Albans market is always strong and great for resale value. While having a lower average sale price than some other communities, it certainly makes up for it with the average days on the market being only 56!
If you are thinking of buying in the Saint Albans WV area, please contact me and let me assist you in your home search!
CALL / TEXT (304) 741 4705
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved