West Virginia's Greenbrier County Market Summary Report for October 2010

By
Real Estate Agent with Vision Quest Realty WV0026375

 

 

 

West Virginia's Greenbrier County Market Summary Report for October 2010

 

The Greenbrier River bisects the valley like a watery ribbon, flowing for 173 miles; it receives water from 1,641 square miles of land. It is one of the longest rivers in West Virginia, and the longest untamed (un-dammed) river East of the Mississippi.   Photos were taken at the Shaw-Mi-Del-Eca Village, a gated community along the Greenbrier River.

 

 

Greenbrier RiverGreenbrier River

 

Camp Shaw-Mi-Del-Eca (the name is an abbreviation for four Indian tribes that existed in the region prior to the Nineteenth Century: Shawnee, Miami, Delaware, and Seneca) was operated as a summer camp from 1929 through 1978......Read more

 

The below charts depicts the residential market statistics for Greenbrier County for October 2010 and 2009.

 

Greenbrier County market report

As noted in the above chart, the average list price and average sale price were higher in October 2010 than in October 2009.  The average and median days on the market (DOM) for October 2009 were less than in October 2010.  But, looking at year to date (YTD), the 2010 and 2009 DOM are much closer as compared for DOM for the month of October 2010 and 2009.

 

 

Greenbrier County market report

October 2009 was slightly better than October 2010 as indicated by the numbers above especially for sold, pending and new listings...however, again from YTD the market was very close for 2010 and 2009.

 

Interest rates were at 4.25%......today they are at 4.5%?  This is still a great opportunity for buyers and sellers.  Hopefully, with the election finally over buyers and sellers will start to move forward and not miss this opportunity of getting low interest rates.

 

Posted by

Your Real Estate Connection for Lewisburg, WV and the Greenbrier County

 

   

 

If I can assist you in any way with your real estate needs in Lewisburg, WV, Greenbrier County or the surrounding areas, please feel free to contact me by phone at
(304) 520-2133
, email
or visit my website at

www.lewisburgwvhomesforsale.com/

 

 Vision Quest Realty

Martha Hilton, Broker

 

 

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Rainer
25,301
Mickey McCoy
Coldwell Banker Stuart and Watts - Lewisburg, WV

Rebecca, enjoyed reading about the Greenbrier RIver and especially seeing Greenbrier's market report.

Nov 17, 2010 11:12 AM #1
Rainmaker
222,657
Scott Baker
www.eHomeReports.com Coldwell Banker West Shell - Liberty Township, OH
Realtor Homes for Sale in Cincinnati, West Chester, Mason, OH Area

The longest untamed river east of the Mississippi, that's interesting. Where does it end? Boy that is a wide range between the Average Sale Price and Median Sale Price. Looks like your Absorption Rates are up, it would be a good time for a buyer to call you Rebecca. Great deals there.

Nov 17, 2010 11:56 AM #2
Rainmaker
1,026,935
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

What beautiful views!  The low interest ratea really make it more affordable for many people.  Hope more folks are able to take advantage of them!

Nov 17, 2010 03:43 PM #3
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Mickey, thanks.

Scott, the Greenbrier RIver flows into the New River

Susan, yes, with low interest rates and for the buyers wanting to buy property, it would be a great time for them to take advantage of these rates,

Nov 18, 2010 12:46 AM #4
Ambassador
2,289,828
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

What pretty photos!  I love Water shots. 

Great info too for the consumer in your area.

Nicely done and combined.

Nov 18, 2010 01:31 PM #5
Rainer
127,022
Brian Doubleday
Brian Doubleday - IML RealEstate - Orange County, CA Broker - Ladera Ranch, CA
Ladera Ranch, Foothill Ranch, Lake Forest, Mission Viejo

Rebecca, great blog, love the pictures and great information for local buyers

Nov 18, 2010 02:16 PM #6
Rainmaker
1,041,808
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Rebecca, I love looking at your market reports...they not only are very thorough, but you always seem to have great photos that accompany them! I love the first photo you have of the Greenbrier River. :)

Leilani

Nov 18, 2010 02:45 PM #7
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Judi, I like water shots too...love the water reflections.

Brian, thank you.

Leilani, thanks and glad you like my photos.

Nov 19, 2010 12:34 AM #8
Anonymous
Una Pidge Webster

Thanks for the info.

I'm looking to buy in Virginia.

Which sources do you use to compile your data?

Keep up the good work.

Nov 25, 2010 10:53 PM #9
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Una, in West Virginia I belong to the Greenbrier Valley Board of Realtors, and the the FLEX MLS.

In Virginia, I belong to the Mercer/Tazewell Board of Realtors and the Navica MLS.

Nov 27, 2010 08:19 AM #10
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Rainmaker
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Rebecca Gaujot, Realtor®

Lewisburg WV, the go to agent for all real estate
Your Connection to West Virginia Mountain Splendor
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