The Greenbrier County Real Estate Market Report for December 2011.
Greenbrier County is the second largest county in West Virginia, with 1021 square miles and was created in March of 1778 from portions of Montgomery and Botetourt counties (Virginia) and was named for its primary river. Greenbrier County is considered the "mother county" of southern West Virginia.
Please note this report represents only Residential listings.
As noted in the chart below the number of sold and pending listings were the same for December 2011 and 2010.
Although compared to December 2010---
Active listings ⇩ by 25 in 2011
New listings ⇩ by 3 in 2011
In December 2011, 17 houses sold - price range from $16,500 to $2,050,000.
In December 2010, 17 houses sold - price range from $17,900 to $1,500,000
(Note: the higher priced houses in the million dollar range are located in the Greenbrier's Sporting Club)
The average days on the market in December 2011 was 204, compared to 244 in December 2010.
Greenbrier County absorption rate (months of inventory) for December 2011 was 16.14, compared 21.38 in December 2010.
We see that the Greenbrier County real estate market in 2011 is still a buyer's market and with such a wide price range, buyers are sure to find the house that fits their needs! If you are thinking of buying a house, now is a good time to make a decision while prices and interest rates are still low. Don't wait.....home ownership is an investment in your future.
Search for Listings for Greenbrier County
NOTE: GVBR MLS, Information is deemed to be reliable, but is not guaranteed.
For more information on a particular area, please give me a call, I'll be glad to assist you in your real estate needs.
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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.lewisburgwvrealestate4you.com
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Good morning Rebecca,
Excellent market report for Greenbrier County WV. The days on market are going down which is a good sign. Hope 2012 makes a difference and continues to bring the months of inventory down for your area :).
Rebecca: A very nice Greenbrier County WV market report. Homes are selling all over the spectrum...from $16.5k to over $2m.
Rebecca, Greenbrier County looks like it has homes in every price range and makes for a great location for buyers to find just what they are looking for!
Hi Dorie, Greenbrier County has been a buyer's market all of 2011. Hope that changes soon!
Hi Anita, yes a wide range of prices in Greenbrier County.
Hi Larry and Sheila, yes we have prices for all incomes.
Rebecca, nice Market Report showing the difference between 2010 and 2011. Hoping your 2012 real estate market is booming!
Rebecca great job on Greenbrier County market report. Your photo is very nice and looks like Greenbrier would be a great place to live!
Rebecca, Great market report and hopefully the trends will all move in the right direction for Greenbrier County in 2012.
Rebecca,
I really like your market reports, they are clear and concise. Wishing you lots of sales in Greenbrier. A
Howdy and evening Rebecca
Rebecca my friend, this here sure is a mighty fine looking and easy to understand Market Report you have done. Folks sure will be able to fully see what it going on with Real Estate there in the Greenbrier County. You sure did a mighty fine looking photo for to enjoy looking at on your post.
Have a good one
Dale in New Hampshire
Joan, I hope the market picks up this year.
John, thank you and Greenbrier Valley is a great place to live.
Marge, thanks for stopping by and I hope the trends start to go up.
Alexandra, thank you and hoping for a better year.
Dale, as always glad to see you hear and thank you for the nice comments.
Nicely done market report, Rebecca - I love your inclusion of maps and pictures! That change in absorption rate means the market is active, so folks really should look to you ASAP for advice on buying and selling in Greenbriar County!
Karen, thank you and sure hope your are right.