Morgantown Pa Market Statistics for 2nd & 3rd Qtr of 2009

By
Real Estate Agent with Exit Diamond Realty

 Your Market Watch for Morgantown Pa 19543            

 

 

 Here are some interesting statistice for anyone thinking of Buying or Selling a home in Morgantown Pa.

 Morgantown, PA is still a strong Buyers Market. 

 The Average Sold price of homes in Morgantown continue to show improvement.                                                                                                                                                                                                  

In  2009 the average price of a home, In Morgantown Pa ,  rose slightly to $250,500.00

Morgantown has really avoided the punch of the ongoing decline of the housing market with just a slight drop in sales price at about -13% from sales a year ago.

 

 

The total of homes sold in Morgantown,Pa in the 3rd quarter of 2009 declined slightly to 21, a drop of about 8%.

The Average time a home has been on the market, In Morgantown, has been 143 days, a slight increase over 2008.

Now here is a real interesting fact of all homes sold in Morgantown! The average homeowner received 99.0% of asking price in Morgantown, Pa.

 

Current market conditions in Morgantown, PA still appear to be slow but increasing quarter by quarter. 

Morgantown has much to offer those interested in relocating. The area is filled with georgous farm lands, forests, nature preserves, lakes, trails, shopping, and a beautiful county feel. If you are interested in moving into the Morgantown Area give me a call and I will gladly show you all Morgantown has to offer.

Morgantown is convienantly located just off the Pa Turnpike and other major routes. Philly, Harrisberg, Lancaster, and New York are within a short drive.

 Enjoy local attractions like the Old Villege Inn Restaurant & Restaurant  where you are treated like royalty and served some of the best Berks County Food available.

Thinking of selling your home in the Morgantown Area? Speak to an Agent who knows your area, Your market, and everything Morgantown has to offer. I will agressivly market your home for a quick sale and for the best price. If you have any questions please emal me at BerksRealtor@yahoo.com or call 484-955-6937

Search for homes for free at www.ILoveBerksCounty.com

Comments (1)

Judy Greenberg
Compass - Long Grove, IL
Compass- Long Grove -Buffalo Grove

Great local post. 

Jan 20, 2010 01:31 PM