As of December 31, 2011, our market as reported in the Mid-Ohio Valley MLS has continued to increase over the same period in 2010. In December, there were 94 homes sold, up 11.9 % over last December. From January 1, 2011- December 31, 2011, our numbers are up 9.3 over last year in terms of units and up 8.3% in terms of volume. The median sales price is $97,900 down 1.6% ; and our average sales price is $116,174 down -0.9%. Our average days on the market is 155 up 10.7% from a year ago. Three of my reporting areas are down; None are up over last year. Better than 52% of our sales are below $100,000. 87% of our sales are below $200,000. We have had 140 foreclosure sales this year or 12 % of our market.
ZIP Code: 26101 Approximate Location Boundaries: Wood County WV and Washington County OH
Location Characteristics: Located along the Ohio River on the Western part of West Virginia, the area developed early in the 1800's and was influenced by the discovery of oil and gas. Since WWII the chemical industry has been important here. A regional health center, Camden Clark Medical Center and the Bureau of the Public Debt are located here as well. A county-wide school system has provided a good public eduation to local students. Our real estate market is steady with no great peaks and no valleys.
About Kay Munchmeyer:
Kay Munchmeyer has been licensed since 1979, in both West Virginia and Ohio and has acquired designations of e-PRO,CRS, GRI, SRES. "I love meeting and helping people 'make their move' as easy as possible."
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
