Area broker releases April and May real estate market report

April highlights:

• Real estate sales in the four-county area exceeded $8 million during for the month of April, 2017.

• The report covers Greenbrier, Pocahontas, Monroe and Summers counties.

• Total sales for the four county area during April were $8,766,265.

• Fifty-seven properties sold with an average sale price of $153,794.

• The average number of days a property was on the market before being sold is 193 days.

• One hundred forty-four new properties totaling $44,697,250 came to the market in April.

May highlights:

• Real estate sales in the four-county area totaled nearly $9 million during for the month of May, 2017.

• Total sales for the four county area during May were $8,754,050.

• Sixty-six properties sold with an average sale price of $132,637.

• The average number of days a property was on the market before being sold is 216 days.

• One hundred thirty-seven new properties totaling $35,500,099 came to the market in May.

• Currently, 1,219 properties are for sale the area with a total asking price of $320,888,206.

• Total sales year to date through May 31, 2017 were $37,634,783.

This market report is provided by Richard Grist, broker, Foxfire Realty, Lewisburg.

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