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Salem Market Trends

Today, November 30, 2009

Salem Summary

The average listing price for Salem homes for sale on Trulia was $242,546 for the week ending Nov 25, which represents an increase of 0.1%, or $292, compared to the prior week and an increase of 0.7%, or $1,767, compared to the week ending Nov 04.

 

Average Listing Price in Salem

Embed Info
1 yr 5 yr Max
Salem average property price
Salem – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom-----
2 bedrooms$166,041-2.2%$169,722$162,261$162,287
3 bedrooms$215,104+0.1%$214,824$210,306$210,784
4 bedrooms$302,442+1.4%$298,405$297,587$296,759
All properties$242,546+0.1%$242,254$239,580$240,779
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Homes for Sale in Salem

100 Baier Drive, Salem VA
100 Baier…
$569,500
4 br  4 ½ ba
1128 Highland Road, Salem VA
1128 Highl…
$179,900
4 br  2 ba
502 North Woods Court, Salem VA
502 N Woods…
$289,950
3 br  3 ½ ba
1743 Innsbrooke Drive, Salem VA
1743 Innsb…
$399,950
4 br  2 ½ ba
1269 Dennis Lane, Salem VA
1269 Dennis…
$184,950
3 br  1 ½ ba
2723 Gardner Drive, Salem VA
2723 Gardn…
$224,950
3 br  3 ba
View all Salem Homes for Sale
 
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Recent Q&A in Salem, VA

Q: Mortgage over 60. Is it even possible?? 9 answers
Q: How much are closing costs, on a $130k house? 1 answer
Q: When using conventional financing how long is the closing time? 2 answers
Q: Earnest money deposit 3 answers
Q: I'm curious about the first time home buyer's credit. 3 answers

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Our real estate market trends page gives you a valuable overview of the Salem real estate market. Find Salem properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Salem average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Salem housing statistics are available for each Salem, VA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.