Data accurate as of 3/9/2021 Prior 6 Months Data Compared to same 6 Months 1 Year Prior.
Like many areas in the Beckley Real Estate Market Flat Top Lake is heating up. Flat Top Lake Homes Sales for the last 6 month totaled 10 homes versus 6 for the same period 1 year ago. That represents a 150% increase year over year for the same period. Days On the Market (DOM) average was down to 95 days versus 155 for the prior year, a 39% reduction on DOM. Average List and Sales Prices were up 29% and 28% respectively compared to the prior year, while average list and sales price per square foot fell 9% and 10% respectively compared to the prior year. Lower list and sales prices per square foot can be attributed to larger houses being listed and may reflect an overall set of listings requiring more updates than prior periods. We believe that the $167 to $200 range would be targeted list price per square foot depending on how well the home is updated. Homes needing extensive remodeling will obviously sell at a discount to those requiring little or no updating to current standards.
|Description||Last Six Months||Same Period 2020||Difference||%|
|List Price/SqFt ($)||$152||$167||(15)||-9%|
|Days on Market||95||155||(60)||-39%|
Listings and Data Provided courtesy of Beckley Board of REALTORS®, Inc. Information Deemed Reliable but Not Guaranteed. Copyright 2021 of the Beckley Board of REALTORS®, Inc. MLS and Betty J Moore and Associates, LLC. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.