Housing Inventory: Average Listing Price Year-Over-Year in West Virginia
AVELISPRIYYWV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.99
Year-over-Year Change
-1123.08%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in average listing prices for homes in the state of West Virginia. It provides insights into the strength of the local housing market and can inform real estate and policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory: Average Listing Price Year-Over-Year in West Virginia metric tracks the annual percent change in the average listing price of homes in the state. This data point is a valuable indicator of housing market conditions and can help analysts and policymakers assess affordability and demand trends.
Methodology
The data is collected and reported by the U.S. Federal Reserve through its tracking of real estate listings and transactions.
Historical Context
This trend is closely monitored by real estate investors, homebuyers, and policymakers to understand the dynamics of the West Virginia housing market.
Key Facts
- West Virginia has a unique regional housing market.
- Average home listing prices have risen steadily in recent years.
- Affordability is a key concern for policymakers in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the average listing price of homes in the state of West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength and affordability of the West Virginia housing market, which is crucial information for real estate investors, homebuyers, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve through its tracking of real estate listings and transactions.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to assess housing affordability and demand in West Virginia, which informs decisions related to zoning, development, and homebuyer assistance programs.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve, but there may be a slight delay in reporting compared to real-time market conditions.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price Year-Over-Year in West Virginia (AVELISPRIYYWV), retrieved from FRED.