Harpers Ferry Real Estate Market August 2014

Harpers Ferry Real Estate Market August 2014

Harpers Ferry Real Estate Market August 2014

harpers ferry real estate market august 2014What is going on with the real estate market in Harpers Ferry, West Virginia? Here we take a look at some statistics from the month of August 2014 and compare them to the previous year to see how the market is comparing to 2013. Is the market improving in Harpers Ferry? Is it staying the same? Let’s take a look at what is going on in the Harpers Ferry real estate market August 2014.

Highlights from the Harpers Ferry Real Estate Market August 2014 report:

  • Median sold price: $273,052
  • Average sold price: $252,884
  • Units sold: 19
  • Average time on the market: 77 days
  • Average sold price to original list price ratio: 96.3%
  • Of the homes sold, all 19 were detached homes
  • There were 89 active listings

Comparisons to August 2013:

  • Median sold price increased 50.2% ($168,368 in August 2013)
  • Average sold price increased 123.45% ($122,200 in August 2013)
  • The number of units decreased slightly with 22 units sold in August 2013
  • Average time on the market decreased; in August 2013 it averaged 104 days
  • The average sold price to original list price ratio increased with it being 92.7% in August 2013
  • Of the homes sold in August 2013, 5 were detached and 17 were attached
  • There has been a 30.88% increase in active listings compared to last August

The chart below shows the number of active listings, contracts, and closed sales that have occurred over the past twelve months.

The chart below shows the average number of days homes were on the market in Harpers Ferry over the past twelve months. As you can see, there has been a significant dip, which is beneficial to sellers looking to sell their home more quickly.

The chart below takes a look at the average prices of homes sold in the Harpers Ferry area over the past six months. They are split so you can see the average sold price for homes based on number of bedrooms.

Are you interested in buying or selling a home in the Harpers Ferry, West Virginia area? We can help! Give The Linda Kilroy Team a call at (304) 725-1145 or fill out the form below and someone will contact you.

Don’t forget to check back in with us next month for our next real estate market update. We promise to always keep you in the know!

Harpers Ferry Real Estate Market August 2014

Harpers Ferry Real Estate Market August 2014