Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 14% from one year earlier, and up 3% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 15%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold decreased 38% year-over-year, and decreased 35% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Charles Town, WV
Area Information for Charles Town, WV
Population:6,241
Median Age:42.09 yr
Median Commute Time:31 mins
Educational Climate*:4
Sales Tax:0%
Population Density:1,085/sq mi
Population Change Since 2000:54.55%
Closest Airport:Hagerstown Regional-richard A Henson Field
Closest College:Shepherd University
Closest Jr. College:Valley College
Median Household Income:$69,503
Annual Residential Turnover:0%
Median Home Sales Price:$328,000
Closest Major Sports Team:Hagerstown Suns (a)
Change Avg. Household Income Since 2000:79.26%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Charles Town, WV
Median Age: 42.09Married: 41%Number of Households: 2,402Households with Children: 621
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.