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Berkeley County WV - Martinsburg Foreclosure market report July 2009

Here is snapshot of what the Berekeley County/ Martinsburg West Virginia Foreclosure market currently looks like. Also included is the short sale properties in the Martinsburg area.

Currently there are 1160 active residential listings in Berkeley County WV. Of these

99 are Foreclosures (8.5%)

108 are Short Sales (9.3%)

Currently 182 are under contract which:

68 are Foreclosures (37%)

48 are Short Sales (26%)

In June 124 residential properties sold which:

43 were Foreclosures (35%)

9 were Short Sales (7%)

In May 101 residential properties sold which:

50 were Foreclosures (50%)

9 were Short Sales (4%)

In April 33 residential properties sold which:

11 were Foreclosures (33%)

5 were Short Sales (15%)

From this data it shows that although foreclosures only represent less than a tenth of the market inventory in Berkeley County, it represent a large percentage of the properties that are actually selling.

Start you Martinsburg Foreclosure Home Search Here

CONTACT ME TO FIND YOUR NEXT HOME

Posted by Craig Smith, Frederick MD Real Estate on 07/31/2009 08:06 AM

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Craig Smith, Frederick MD Real Estate

Frederick, MD

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Keller Williams Realty

Address: 7450B New Technology Way, Frederick, MD, 21703

Office Phone: (240) 405-1660

Cell Phone: (240) 344-5538

Email Me

Maryland and West Virginia licensed real estate agent

Serving Frederick, Washington, Carroll, and Montgomery Counties in Maryland and Jefferson and Berkeley Counties in West Virginia. Services include residential, farms and land, new homes, and relocation.

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