$229K  
Sales retained their current pace and came in at two homes sold in the Romney market over the last 30 days. However, a three-week upward trend for contracts was extended, with five pending transactions in the same time frame. The median sales price rose dramatically to $26,500 over the latest reporting period for Romney, up from $9,750. Romney is a definite buyer's market, due to a big 12 months of inventory left and aided by the flat sales.
Comments:

Romney is a city in West Virginia. It's much less affluent than average and the cost of living is very expensive compared to the rest of the state, with a median income of $27,990 per household and cost of living adjustment score of 96.9. With a median age of 40 years, homes in Romney tend to be relatively old. The best school in the city is Springfield-Green Spring Elementary School.
Comments:

$109K  
Despite a recent downward trend in sellers reducing price, including one markdown over the last 30 days, sales in the Romney market rose to two over the same stretch of time. Potential buyers should note that prices went up in Romney, with the median for this period rising from $6,500 to $9,750. Even after the uptick in sales, an elevated 12 months of inventory tells us that Romney is still a solid buyer's market.
Comments:

$199K  
The Romney market might be slowing in the coming weeks. Sales stayed steady at one home sold over the last 30 days, but there is a confirmed downward trend in the number of new listings, with two going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in Romney did not budge this week, remaining at $94,000. With no movement in sales and the availability of 18 months of inventory, Romney is a solid buyer's market.
Comments:

$229K  
In this week's report, the number of homes sold in the Romney market fell to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Meanwhile, close-by Cumberland reported 13 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Romney, and for this period the median sales price slid from $112,000 to $94,000. Romney is a solid buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

Romney is a larger than average city in West Virginia with 1,848 residents. Its population is also shrinking slower than others at a 10-year growth rate of -2.5%. The Romney market is almost exclusively made up of detached homes, currently accounting for 100% overall. Heading the list of top schools in the city is Springfield-Green Spring Elementary School.
Comments:

$775K  
The Romney market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at one. Prices were able to climb as this week's reported median sales price of $112,000 continued a four-week upswing. Along with flat sales, a relatively high eight months of inventory indicates that Romney is a solid buyer's market.
Comments:

$119K  
The number of sellers reducing prices in the Romney market trended up to four over the last 30 days, extending a six-week streak. During the same period, two sales were completed. The median sales price rose dramatically to $112,000 over the latest reporting period for Romney, up from $93,000. Romney is a solid buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$119K  
Fewer sellers put their homes up for sale in the Romney market over the last 30 days and the number of new listings tumbled this week to two. Home sales remained unchanged from the prior period and once again two homes were sold. Pricing in Romney remains consistent from last week to this week, with the median sales price at $93,000 again. Romney is a definite buyer's market, due to a big eight months of inventory left and aided by the flat sales.
Comments:

$124K  
The number of home sales in the Romney market climbed 100.0% to two homes over the last 30 days, above the 1.0 monthly average. To put it in perspective, close-by Cumberland registered 16 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Romney, and the median sales price this period increased from $56,000 to $93,000. Even after the uptick in sales, an elevated seven months of inventory tells us that Romney is still a definite buyer's market.
Comments:
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