Blue Ridge Association of REALTORS® (BRAR)
During the month of April, the overall number of new listings for the Blue Ridge Association of REALTORS® service area was up 1.7% from March, which was a 12% decrease from the number of new listings taken in April 2021. The number of pending sales increased 10.3% from March which was a 7.5% decrease from April 2021. Closed sales were up 18.9% since March, with a 1.9% decrease from April 2021. The median sold price was $351,000 which, in comparison to March was 4.9% lower, as well as 12.5% higher since last April. The average length of time on the market was 17 days and the average sale price to the original list price was 100.9%.
Winchester City
Winchester City saw the number of new listings increase by 7.9% from March, which was 6.8% fewer listings taken than in April of last year. The number of new pending contracts was up 37.9% from March, and was down 11.1% from April of last year. Closed sales were up 50% from March which was a 6.3% decrease as compared to April of last year. The median sold price was $392,500 and the average length of time on the market was 19 days. The average list to sold price was 99.5%.
Frederick County
In Frederick County, the number of new listings was up 2% from March, which was 10.3% fewer listings taken as compared to April of last year. New pending contracts increased by 6.7% from March, and showed a 0.6% decrease as compared to April of last year. Closed transactions increased by 36.1% since March, which was also a 13.3% increase as compared to April of last year. The median sold price in Frederick County was $347,450 which is a 7.1% decrease compared to March and compared to April of last year it increased by 8.6%. The average number of days on market was 14 and the average sold to list to sale price ratio was 100.8%.
Clarke County
The number of new listings in Clarke County increased 6.9% from March, and decreased by 16.2% from April 2021. Pending sales were down 9.1% from March, as well as 16.7% from April of last year. The number of closed transactions decreased 44.4% from March and 11.8% since April of last year. The median sale price was $452,900 and the average length of time on the market was 14 days. The average sale to list price ratio was 98.1%.
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.
*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.