Charleston, WV - Newest New Home Sales Figures Climb
Posted on: Feb 06, 2012 09:15:53 AM
There was an increase in new home sales in the Charleston, WV market in September year-over-year, rising after staying stable in August from the year earlier. Sales stood at one in September after being zero a year earlier and the figure was unchanged at one in August from a year earlier.
A total of nine new homes were sold during the 12 months that ended in September, up from eight for the year that ended in August.
For new and existing homes, sales slid in September after also declining in August year-over-year.
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Other Market Trends
Foreclosures and real estate owned (REO) sales did not appear to be dragging the market. Out of all existing home sales, foreclosures combined with REO sales made up 4.4% of sales. In September 2010, they represented 6.5%. The percentage of existing home sales involving foreclosures dipped to 1.1% in September from 4.7% a year earlier while REO sales as a percentage of existing home sales increased to 3.3% from 1.9%.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in this market area.
Charleston, WV - Newest New Home Sales Figures Climb
Posted on: Feb 06, 2012 09:15:53 AM
There was an increase in new home sales in the Charleston, WV market in September year-over-year, rising after staying stable in August from the year earlier. Sales stood at one in September after being zero a year earlier and the figure was unchanged at one in August from a year earlier.
A total of nine new homes were sold during the 12 months that ended in September, up from eight for the year that ended in August.
For new and existing homes, sales slid in September after also declining in August year-over-year.
Other Market Trends
Foreclosures and real estate owned (REO) sales did not appear to be dragging the market. Out of all existing home sales, foreclosures combined with REO sales made up 4.4% of sales. In September 2010, they represented 6.5%. The percentage of existing home sales involving foreclosures dipped to 1.1% in September from 4.7% a year earlier while REO sales as a percentage of existing home sales increased to 3.3% from 1.9%.
Please refer to the ABOUT THIS MSA tab to learn more about geographic coverage and data availability in this market area.
Source: Housing Intelligence