September 2014 Shepherdstown Real Estate Market

September 2014 Shepherdstown Real Estate Market

September 2014 Shepherdstown Real Estate Market

september 2014 shepherdstown real estate marketIs it a good time to buy in Shepherdstown, West Virginia? Is it a good time to sell? These questions can better be answered with a little knowledge about what is currently going on with the real estate market in the area. In order to do get those answers, we will take a look at the September 2014 Shepherdstown real estate market statistics and compare them to the previous year. In doing so, we can see the changes that have occurred since 2013 and any improvements that have taken place.

 

September 2014 Shepherdstown Real Estate Market Statistics:

– There were 70 active listings on the market during September 2014.
– There were 14 new listings that went on the market in September 2014.
– There were 18 contracts in the month of September 2014.

 

Average sold price

Increased 12.6%
September 2014: $267,317
September 2013: $237,414

Attached average sold price

There were no attached homes sold in September 2014, so there was no change.
September 2014: 0
September 2013: $207,500

Detached average sold price

Increased 9.53%
September 2014: $267,317
September 2013: $244,061

The chart below shows the average sales price of both attached and detached homes sold in Shepherdstown over the past six months.

Units sold

The same number of homes were sold in September 2014 and September 2013.
September 2014: 11
September 2013: 11

The chart below shows the different types of homes that were sold in Shepherdstown over the past six months based on the number of bedrooms in the home.

Average days on the market

Decreased 7.48%
September 2014: 99 days
September 2013: 107 days

Average list price

Increased 13.48%
September 2014: $276,954
September 2013: $244,045

Average sold price to original list price

Increased 0.89%
September 2014: 92.6%
September 2013: 91.8%

The chart below shows the average days on the market for the homes that were sold in Shepherdstown over the past year.

If you would like some more information about the September 2014 Shepherdstown Real Estate Market, please give The Linda Kilroy Team at ERA Liberty Realty a call at (304) 725-1145. They can help you with any questions you may have about the market and real estate transactions.

Are you interested in finding out the value of your home? Fill out the form located on this page, and someone will contact you about your home’s value: Home Valuation Form