Grant and Tedrow's Real Estate News

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Grant and Tedrow's Real Estate News

News and updates about the real estate market in Charleston WV and the Teays Valley areas. Includes updates about homes for sale and property listings from Realtors who specialize in selling residential real estate in West Virignia.

Teays Valley WV Real Estate Market Update

As of today, there are 316 active listings (properties and homes for sale) in the Teays Valley real estate market place.  These homes range in price from $35,200 to $1.425 million at an average days on the market of 104 days.  The average home for sale costs $252,952 or $102.13 per square foot.

So far this month, Teays Valley Realtors have sold and closed on 20 homes ranging in price from $117,000 to $429,000.  The average cost of a home sold in Teays Valley was $211,779 ($90.22/sq ft) .  These homes sold, on average, at 95% of their asking price in 38 days.

In a positive note, there are 65 listings currently being reported as Pending (a contrace has been accepted but escrow has not closed). These properties range from a low of $38,900 to a high of $750,000 at an average home price of $204,376.  The average days on the market for these pending properties is 88 days showing some movement on the older listings.

Published Thursday, October 23, 2008 10:56 AM by Scott Grant & Connie Tedrow

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