Morgantown Real Estate Market Continues Weakening in Contracts

The Morgantown market saw sales remain consistent with one home sold over the last 30 days and is also under an emerging downward trend in the number of contracts closing, with this week's number falling to zero. As contracts trended lower, the median sales price went in the opposite direction, trending up for four weeks to $104,900. Even with prices on the rise, the downturn in contracts and the availability of 13 months of inventory prove that Morgantown is still a definite buyer's market.

If you are interested in an upscale house in Morgantown, make sure you see some of these great listings:

$190K   $145K   $104K  

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

Demographic facts about Morgantown:

  • There are 10.5% vacant homes.
  • The area gets an average of 188 sunny days each year. (U.S. average: 205)
  • The student-to-librarian ratio is 377:1. (803:1 = national average)

Data reported through 10/12/2016

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