Blue Ridge Association of REALTORS® (BRAR)

During August, the Blue Ridge Association of REALTORS service area recorded 296 new listings, down 1.0% from July but 5.0% higher than August 2025. Pending sales totaled 235, ticking up 0.4% month-over-month but falling 10.6% year-over-year. Closed sales dropped 15.3% from July to 211, though they remained virtually flat with a 0.5% increase compared to last August. The median sold price held strong at $440,000, remaining flat relative to July and up 3.5% year-over-year. Homes took longer to sell, averaging 49 days on the market, while properties fetched 95.2% of their original list price.

Winchester City

In August, Winchester City experienced a surge in new inventory, recording 44 new listings, up 57.1% from July and 29.4% higher than August of last year. New pending contracts dropped 35.3% month-over-month to 22. Closed sales rebounded to 29, representing an 11.5% increase from July, though down 3.3% year-over-year. The median sold price adjusted to $360,000, down 4.0% from July and 8.9% lower than last August. Days on market expanded to an average of 44 days, with properties closing at 94.3% of their original list price.

Clarke County

During August, Clarke County recorded 22 new listings, an increase of 4.8% from July and double (100.0% higher than) the count from August 2025. New pending sales slowed to 15, falling 28.6% month-over-month. Closed sales jumped sharply to 19, up 35.7% from July and 26.7% higher year-over-year. The median sold price rose significantly to $624,900, marking a 17.4% monthly gain and a 4.2% year-over-year increase. Homes averaged 52 days on market, and sellers secured an average of 96.6% of their original list price.

Loudoun County

In August, Loudoun County saw new listings pull back 16.0% from July to 420, which is 6.5% lower than August 2025. New pending sales fell 20.6% month-over-month to 358, while closed sales dropped 15.3% to 432 transactions. The median sold price adjusted downward to $771,250, a 5.1% decrease from July, though still 0.9% higher year-over-year. Homes averaged 24 days on the market, and properties closed at an average of 98.2% of their original list price.

Fairfax County

During August, Fairfax County recorded 951 new listings, down 16.9% from July and 1.9% lower than August 2025. Pending sales fell 7.9% month-over-month to 938, and closed sales dropped 16.6% to 957 transactions. The median sold price settled at $752,250, down slightly by 0.4% both month-over-month and year-over-year. Homes averaged 25 days on the market, and properties commanded an average of 98.8% of their original list price.

COLONY REALTY OF WINCHESTER – 114 N Cameron St., Winchester, VA 22601

(540) 662-0323; Broker: John S. Scully, IV; Licensed in Virginia and West Virginia.

www.colonysells.com

*All of the information herein is deemed to be reliable but is subject to errors, omissions and withdrawal from the market. All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.