ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Tuesday, February 6, 1996 TAG: 9602060062
SECTION: BUSINESS PAGE: B-6 EDITION: METRO
Home sales in the Roanoke Valley were down 0.8 percent in January, with 248 houses placed under contract, compared with 250 in January 1995. The median price of a home was $93,000.
On average, buyers paid 3.3 percent less than the listed price, and properties spent 101 days on the market. The Roanoke Valley Association of Realtors said inventory at the end of the month was 1,852 homes for sale, 434 of them added in January.
LENGTH: Short : 20 lines ILLUSTRATION: GRAPHIC: 21 charts. color.by CNB