Andrea Burke's Blog

Andrea Burke

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May 2010 Market Statistics

The numbers are in for the month of May 2010.  Keep in mind that 4/30/10 was the cut-off of ratified contracts to be eligible for tax credit.  They have until 6/30/10 to close - so May/June numbers should be excellent! 

BERKELEY:

 

  2010

  2009

  % Change

Total Sold Dollar Volume:

 19,148,095

 17,196,795

  11.35 %

Average Sold Price:

$ 149,594

$ 168,596

- 11.27 %

Median Sold Price:

$ 143,900

$ 164,500

- 12.52 %

Total Units Sold:

128

102

25.49 %

Average Days on Market:

129

108

19.44 %

Average List Price for Solds:

$ 166,450

$ 188,754

- 11.82 %

Avg Sale Price as a percentage of Avg List Price:

89.87 %

89.32 %

 

128 homes sold this month and we have 1194 listed – meaning at this rate, we have 9.38 months of inventory - down from last month at 11.13.

JEFFERSON COUNTY:

 

  2010

  2009

  % Change

Total Sold Dollar Volume:

$8,228,742

$8,039,942

2.35 %

Average Sold Price:

$ 182,861

$ 167,499

9.17 %

Median Sold Price:

$ 179,000

$ 159,500

12.23 %

Total Units Sold:

45

48

- 6.25 %

Average Days on Market:

85

76

11.84 %

Average List Price for Solds:

$ 198,761

$ 184,967

7.46 %

Avg Sale Price as a percentage of Avg List Price:

92.00 %

90.56 %

 

45 homes sold this month and we have 486 listed – meaning at this rate, we have 10.8 months of inventory – up a little from last month at 10.08

MORGAN COUNTY:

 

  2010

  2009

  % Change

Total Sold Dollar Volume:

$1,886,600

$2,507,600

- 24.76 %

Average Sold Price:

$ 134,757

$ 147,506

- 8.64 %

Median Sold Price:

$ 130,700

$ 142,500

- 8.28 %

Total Units Sold:

14

17

- 17.65 %

Average Days on Market:

112

100

12.00 %

Average List Price for Solds:

$ 145,383

$ 170,776

- 14.87 %

Avg Sale Price as a percentage of Avg List Price:

92.69 %

86.37 %

 

 

14 homes sold this month and we have 308 listed – meaning at this rate, we have 22 months of inventory - up from last month at 15.15.

Predictions still stand strong that the wave of foreclosures and short sales will continue...making it a GREAT time to buy!  Interest rates have come down even further to help boost the housing market. 

If you, your family, or friends are considering buying a home - I'd be honored to help!  Contact me anytime at 304-261-8517.

Sincerely,

Andrea Burke 

 

"First Saturdays" - downtown Martinsburg

Lots of fun things to do in downtown Martinsburg this summer!  Come to "First Saturdays" and see for yourself!

 

Spring Mills Statistics for May

Click HERE to see what homes are active, under contract, and/or have sold in the last 30 days in Spring Mills Subdivision!

Laurel Ridge Statistics for May

Click HERE to see homes that are active, under contract, and/or have sold in the last 30 days in your neighborhood!

Berkeley Springs Video

Berkeley Springs is just 2 hours from DC and has something to offer everyone - if you are looking for spa, antiques, art, golf, vacation homes - look no further!

 

Berkeley Springs Studio Tour

Berkeley Springs is offering tour of many artist's studios this weekend.  Click here for the Artist Directory, Map Book and Local Guidebook!  Hope to see you there!!!

Mainstreet Martinsburg

Mainstreet Martinsburg is a wonderful non-profit organization with purpose of promoting downtown Martinsburg!  Always something wonderful going on - and always fun!!  Come see for yourselves:

Monday, May 24th

·        Design Committee meeting @ 6:00pm-Newberry Executive Center

 

Wednesday, May 26th

·        Town Square Pedestrian Plaza Project meeting @ 1:00pm-City Hall

 

Friday, May 28th

·        Artist Reception for Palette Project 2010 @ Boydville @ 7:00pm-Unveiling the palettes.

 

 

Around The Downtown:

·        Wonderment Puppet Theatre presents: “Peter Rabbit” puppet show is Saturday and Sunday (2 Shows) 12:00noon and 2:00pm through May 30th  admission is $4.50 and 2 years old and under is FREE. Visit www.wondermentpuppets@yahoo.com

·        Unveiling the Main Street Martinsburg Palette’s @ the Wine & Arts Festival. Saturday, May 29th- 11:00am to 7:00pm and Sunday, May 30th- 1:00am to 6:00pm @ Boydville

·        The Art Centre presents: Wine & Art Festival @ Boydville-Saturday, May 29th and Sunday, May 30th. Enjoy music, food vendors, West Virginia wines and more. Tickets $20.00. For more information go to www.wineandarts.com  or call (304) 263-0224

·        The ROCS Classic Soap Box Derby, Saturday, June 12th  @ 8:00am-Downtown Martinsburg.

·        Big Bad Burger Contest-Saturday, July 24, 2010 from 10:00am to 4:00pm @ Sunfire, Hearth, Patio & Spa. More details go to www.bigbadburger.com or www.mountainstatemeats.com/bigbadburger

 

 

MSM: SAVE THE DATES:

·        Classic Car Show & Sock Hop-Saturday, June 19th from 4:00pm to 8:00pm-Downtown Martinsburg

·        Music & Movie on Main-Friday’s in July 2/8/16/23/30/ in Downtown Martinsburg

·        Bike Night 2010, Saturday, August 21st from 5:00pm to 11:00pm-Downtown Martinsburg

·        Scarecrow Project 2010 Kick-Off, Saturday, September 25th-West Burke Street Parking lot-Downtown Martinsburg

·        Chili Cook-Off, Saturday, October 2nd from 3:00pm to 7:00pm-Downtown Martinsburg

·        Christmas Tree Lighting, Friday, December 3rd- On the Public Square @ 6:00pm

·        Snowflake Market, Saturday, December 4th 10:00am to 4:00pm-On the Public Square.

·        Old Town Martinsburg Christmas parade, Saturday, December 4th @ 6:00pm-Downtown Martinsburg

 

What's Happening in the Eastern Panhandle?

Here is a recap of events available in the Eastern Panhandle!  Lots of fun things to do - and hope to see you at one or more events!

Martinsburg:

5/21-5/23:  "Little Shop of Horrors" at Apollo Civic Theatre - more info at www.apollo-theatre.org

5/22: Tea Party - audience-interactive performance 3-5 pm at McFarland House.  For more info call Ann 304-279-9220 or Katherine 304-268-8878

6/5:  Morgan Cabin Spring Festival 11-4.  Log cutting, goat milking, horse rides, treasure hunt, arts and crafts, blacksmith demo and more.

6/6:  Operation God Bless America XX Motorcycle Ride from travel center (I-81 at Greencastle PA) to VA center in Martinsburg.  More info 717-328-9238

6/12:  Rodeo at Poor House Farm - bull riding, barrel racing and mutton bustin!  More info www.henryarena.com

Hedgesville:

6/5 - North Mountain Arts Festival in heart of downtown at Mary St.  Free - 9:30-4:00.  Artists, music and food!

Shepherdstown:

5/20 - 5/30:  "Jefferson County Photograph Project" at Bridge Gallery.  More info www.bridgegalleryandframing.com

5/22-5/30:  Wellness Center - free access during this time frame!  Volleyball (5/24 6-8 pm); Racquetball (5/25 6-8 pm); Group Exercise (5/26 5-8 pm) Dinner and all day discounts (5/27)  More info at www.shepherdwellness.com

5/21-5/23: Shepherdstown Old Opera House - "The Runaways" and "The Joneses - more info at www.OperaHouseMovies.com

Ranson, WV:

5/23:  4th Annual Bark in the Park at Sam Michaels Park 11-3.  Food, prizes and contests - and benefits Animal Welfare Society.

Hagerstown, MD: 

6/5-9/6: "78th Annual Cumberland Valley Artist Exhibits" at Washington County Museum of Fine Arts.  more info at www.wcmfa.org

Waynesboro, PA:

5/29-5/31:  Waynesboro Industrial Museum exhibit - "Inventors - Patents - Progress."  More info call 717-762-4460

Enjoy!!!!

Andrea

Protect your identity when using wi-fi!

If you are using wi-fi and do not have it protected, please do so!  Check this out!

10 Most Valuable Home Improvements

Click here for great advice!  Compliments of Ameriprise - our personal trusted source for financial concerns!

Displaying blog entries 11-20 of 126

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Contact Information

Photo of Andrea Burke Real Estate
Andrea Burke
ERA Liberty Realty
1789 Delmar Orchard Rd
Martinsburg WV 25403
Office: 304-596-9372
Cell: 304-261-8517
Fax: 304-596-6444