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West Virginia Real Estate Summary
The West Virginia real estate market is hot. It was voted the safest state to live in, thereby making West Virginia relocations very popular. The population continues to grow, as does the job industry, making unemployment low and the economy very stable. New and young families are continuing to pour in to West Virginia for its affordability and diverse climate offerings. They are also taking advantage of new jobs and higher wages.
Charleston real estate continues to grow to meet the needs of a rapidly expanding population. The average sale price of a house is $175,000. Houses are on the market for an average of 60 to 90 days, and receive 95% of the original asking price. The market is even with the number of buyers and sellers in the marketplace.
Huntington real estate is another hot market. Houses in the Huntington area sell for an average price of $130,000. That is only a slight increase over last year´s prices. Houses are on the market for 60-90 days before receiving an offer. The market is mixed with buyers and sellers, and there are an adequate number of houses in every price level. | 