$159K  
The Romney market got a lift this week as sales rose to one home sold over the last 30 days to go with a confirmed upward trend of contracts closing, now up to four. Romney is a still strong buyer's market with 14 months of remaining inventory, even with the rising contracts numbers.
Comments:

$159K  
The Romney market was quiet this week and reported zero home sales over the last 30 days. Romney usually averages 0.7 sales per month.
Comments:

$159K  
The population of Romney is much less affluent than average compared to others in West Virginia with a median income of $27,990 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 96.9. Homes in Romney are relatively old with a median age of 40 years. The best school in the city is Springfield-Green Spring Elementary School.
Comments:

$135K  
Sellers in Romney weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Romney usually averages 0.7 sales per month.
Comments:

$159K  
The Romney market extended a three-week hot streak this week, even as sales fell to one home sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $77,500. Romney is a definite buyer's market, thanks to a big 17 months of inventory to choose from and a pullback in sales.
Comments:

$129K  
The number of homes coming into the Romney market shot up to three listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price in Romney stayed put this week at $126,750. Along with flat sales, a relatively high eight months of inventory indicates that Romney is a solid buyer's market.
Comments:

$249K  
With two homes sold in the Romney market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Romney, coming in at $126,750. With no movement in sales and the availability of nine months of inventory, Romney is a solid buyer's market.
Comments:

$249K  
Sales rose in the Romney market to two homes sold over the last 30 days. But the market is also under a recent downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price tumbled to $126,750, down from last week's $176,000. Romney is still a solid buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$159K  
The number of sellers reducing prices in the Romney market trended up to three over the last 30 days, extending a six-week streak. During the same period, one sale was completed. Romney is still a solid buyer's market, due to the availability of 16 months of remaining inventory, even after the uptick in sales.
Comments:

$159K  
Romney is a larger than average city in West Virginia with 1,848 residents. Its population is shrinking slower than the rest of the state, at a 10-year growth rate of -2.5%. The Romney market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The best school in the city is Springfield-Green Spring Elementary School.
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