March 2023 Market Report

Welcome to the March 2023 Market Report

The close of another Winter season poses a lot of questions: Will they do away with Daylight Savings Time finally? How hot will this coming summer be? Will the real estate market pick back up? That is the real question as we get into the March 2023 Market Report. Follow ERA Liberty’s blog for monthly updates on Berkeley, Jefferson, and Morgan Counties. Because report data is from the previous month it takes time to collect and tabulate. If you have any questions about the numbers posted please reach out to one of our office locations. They will be happy to connect you with an agent to further the conversation about the March 2023 Market Report. 

The Breakdown

The average days on market (DOM) for Berkeley and Jefferson Counties were very close last month. The same can be said about the asking price received for all three counties. Additionally, the units of homes sold were very far apart for all three counties as well. However, Morgan County always sees less movement in the real estate market. The average sold price was nearly a $100,000 difference between Berkeley and Jefferson. The Morgan County average sold price was very close to the Berkeley County sold price. Lastly, year over year (YOY) Morgan County is seeing the best numbers with positive change in all of the infographic fields.

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For all your home buying or selling needs, ERA Liberty Realty is always there for you! With two local offices to help you no matter where you are, our agents are knowledgeable of the area and the housing trends happening within them. Reach out to us today to get your journey started in West Virginia, Virginia, Maryland, or Washington DC!