Market Conditions for Jefferson County, West Virginia Reported by Teksin Duman, REALTOR, e-PRO, GRI Updated July 8, 2009.

Current Market Rating: 3 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 2 1 2 3 4 5 Falling Rising

In Jefferson County inventory was reduced 30% compare to 2008 in May. The prices are still going down but pending sales picked up 40% in May compared to May 2008. June should be a good month for sales in Jefferson County. Jefferson County was a favorite area for Northern Virginia and MD commuters because of the close proximity. It probably will recover first from a housing slump first before Berkeley or Morgan Counties of Eastern Panhandle of WV,
To see the latest market update For Jefferson County click below link
http://www.mris.com/reports/marketupdate/Jefferson%20County.pdf



ZIP Codes: 25410, 25414, 25423, 25425, 25430, 25432, 25438, 25441, 25442, 25443, 25446

Approximate Location Boundaries: Washington County MD on the North, Laudoun County VA on the East, Clarke County VA on the Southwest and Berkeley County WV on the Northwest

Location Characteristics: Jefferson County, located in the extreme eastern part of the eastern panhandle of West Virginia, was named for Thomas Jefferson, third president of The United States, and formed in 1801 from Berkeley County.

Bound on the north by the Potomac River, on the east by the Potomac and Shenandoah Rivers, and Loudoun County, VA, on the south by Clarke County, VA and on the west by Opequon Creek and Berkeley County, West Virginia, Jefferson County covers 212.41 square miles, varies in elevation from a low of 275 feet above sea level at Harpers Ferry to a high of 1000 feet at the top of the mountain east of the Shenandoah River, and is located about 58 miles from Washington, DC, and 67 miles from Baltimore, MD.



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