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Market Conditions for Parkersburg, West Virginia
Reported by Kay Munchmeyer, REALTOR
Updated June 15, 2009.
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Current Market Rating: 2
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Buyer's
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Current Price Trend: 2
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Falling
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Mid-Ohio Valley Multiple Listing Reports reveal that our market is down by 18.5% in terms of numbers and down 23.7% in terms of volume.
May sales were down 24.2% from May of last year.
From January 1,2009 to May 31, 2009, sales were down in all neighborhoods except Mineral Wells up 55.6% and South Parkersburg up 13.8%. Vienna sales were down 43.2%, Belpre down 34.3%, Washington/Lubeck down by 30.6%, Union-Williams down by 30%, Boaz/Williamstown by 16.7%, North Parkersburg 12.9%, Warren/Little Hocking by 12.5%, and Marietta by 10.6%.
Current listings as of 1/19/2009 are 939.
The average sales price is down 6.4%% and the median sales price is down 9.5% over last year. 57.0% of our sales were below $100,000.
Sales price ranges $300,000-$400,000 had the same number of sales as 2008; remaining sale prices were less than last year.
The average days on the market is 161.
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ZIP Codes: 26101, 26105, 26187, 26150, 26181, 26150, 26187, 45714, 45750, 45784
Approximate Location Boundaries: Wood County, West Virginia and Washington County, Ohio
Location Characteristics: Two Counties that border the Ohio River. An area that is low in crime, great in cultural opportunities, has a consistently good educational system. A great place to live, work and raise a family!
For More Information:
View Market Conditions of other areas served by Kay Munchmeyer
Navigate: Top > West Virginia > Parkersburg
About Kay Munchmeyer:
Kay Munchmeyer has been licensed since 1979, in both West Virginia and Ohio and has acquired designations of CRS, e-PRO, and GRI. "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.
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