Westmoreland County Real Estate Market Hits Home Sales Bottom

Hitting a record low dating back to July, 21 homes were sold in the Westmoreland County market over the last 30 days. This represents an 8.7% decrease in sales activity. In comparison, Charles County led all other nearby counties with 202 sales. Prices are falling in Westmoreland County, and this period the median price of all sales fell from $200,000 to $196,300. Westmoreland County is a definite buyer's market with 11 months of inventory to choose from, aided by the downturn in sales.

Looking for an affordable home? Check out these inexpensive listings in Westmoreland County:

$109K   $109K   $119K  

Get started right now by checking out Westmoreland County homes for sale or reviewing Westmoreland County real estate trends.

Demographic facts for Westmoreland County:

  • The median value of all homes in the area is $162,200.
  • The area gets 111 rainy days a year. (U.S. average: 100)
  • This area has an unemployment rate of 7.0%.
  • The student-to-teacher ratio is 14.9:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Berkshire Hathaway HomeServices Select Realty
Snapped 1 home in this area
RE/MAX Town Center
Snapped 2 homes in this area
Keller Williams Realty/Lee Beaver & Assoc.
Snapped 2 homes in this area

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