No deals were completed in the Ridgeley market over the last 30 days. Ridgeley usually averages 0.5 sales per month.
Comments:

With 675 residents, Ridgeley is an average-sized city in West Virginia. Also, with a 13.1% decrease over the last 10 years, its population is shrinking slower than other parts of the state. Homes in Ridgeley are older than most with a median age of 66 years. Topping the list of best schools in the city is Frankfort High School.
Comments:

With a budding downward trend of new sellers listing homes, including one over the last 30 days, and sales that remained flat at one in that same time frame, the Ridgeley market will be cooling. The median sales price in Ridgeley stayed put this week at $25,500.
Comments:

With one home sold in the Ridgeley 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 one new listing for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Ridgeley, coming in at $25,500.
Comments:

Home sales in the Ridgeley market have steadily topped the monthly average for some time. However, this week the numbers came down by 50.0% to come in at one home sold during the last 30 days. Meanwhile, close-by Cumberland reported 12 homes sales, the highest number from all the surrounding cities. The median sales price tumbled to $25,500, down from last week's $58,250.
Comments:

The Ridgeley market will be less selective in the coming weeks. Sales rose this week to two homes sold over the last 30 days, and there is a confirmed downward trend in the number of new listings, with one going live in the same time frame. While new listing numbers dropped, prices were able to climb. This week's reported median sales price of $58,250 continued a four-week upswing. With just three months of inventory available and sales prices going up, Ridgeley is a seller's market.
Comments:

The number of sellers who put their homes up for sale in the Ridgeley market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for Ridgeley, coming in at $91,000.
Comments:

Ridgeley is a somewhat affluent city in West Virginia with a median income of $34,015 per household. The population is also considered older than most with a median age of 41 years. With an ownership ratio of 52.2%, most people in Ridgeley are homeowners. The top school in the city is Frankfort High School.
Comments:

With one home sold in the Ridgeley 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 one new listing for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Ridgeley, coming in at $91,000.
Comments:

This week in the Ridgeley market, sales rose to one home sold over the last 30 days, which might be due in part to an identifiable upward trend in price reductions, with two being reported in the same time frame. With the trend projected to continue over the next few weeks, price reductions are expected to rise even further. Ridgeley is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:
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