Blue Ridge Association of REALTORS® (BRAR)
During February, the Blue Ridge Association of REALTORS service area recorded 207 new listings, down 8.8% from January but 5.1% higher than February 2025. Pending sales totaled 211, increasing 6.6% month-over-month and 18.5% year-over-year, while closed sales reached 177, up 23.8% from January and 14.9% compared to last year. The median sold price was $407,500, slightly up 0.6% from January but down 0.4% year-over-year. Homes averaged 58 days on the market and sold for 95.8% of their original list price.
Winchester City
In February, Winchester City saw a massive surge in market activity, with new listings rising 19.2% from January and a staggering 158.3% higher than February of last year. New pending contracts also jumped, up 21.4% from the previous month and 112.5% year-over-year. Unlike the decline seen in January, closed sales rebounded sharply, increasing 64.3% from January to a total of 23. The median sold price held steady at $385,000, while homes spent an average of 47 days on the market. Properties sold for an average of 94.5% of their original list price, reflecting a high-energy market where buyers finally have more options to choose from.
Frederick County
In February, Frederick County’s market activity remained steady, though new listings saw a decline of 15.6% from January and 13.8% year-over-year. Despite the drop in new inventory, closed sales rebounded significantly, rising 28.4% from the previous month and 3.0% compared to last February. The median sold price increased to $420,500, a 2.6% month-over-month gain, while homes spent an average of 62 days on the market—reaching the maximum of the 5-year February average. Properties sold for an average of 95.8% of their original list price, indicating that while buyers are taking more time to navigate the market, demand remains high enough to drive modest price growth.
Clarke County
During February, Clarke County, Virginia recorded 18 new listings, up 157.1% from January and 80% higher than last year. Pending sales reached 16, increasing 60% month-over-month and 166.7% year-over-year, while closed sales totaled 15, up 50% from January and 114.3% compared to last year. The median sold price was $641,000, down 2.9% from January but up 13.9% year-over-year. Homes averaged 37 days on the market and sold for 96.9% of their original list price.
Loudoun County
In February, Loudoun County’s real estate market gained significant traction, with new listings rising 8.9% from January, even though they remain 22.5% lower than last February. Following the slow closed sales in January, the market rebounded with a strong 46.9% monthly increase in closings and a 19.2% jump in new pending contracts. The median sold price saw a notable climb to $760,000, up 8.6% from January and 1.3% year-over-year. Buyers moved quickly as the average days on market dropped to 27 days, and properties sold for a high average of 99.4% of their original list price, signaling a competitive environment for this time of year.
Fairfax County
During February, Fairfax County, Virginia recorded 760 new listings, up 14.5% from January but 10.2% lower than last year. Pending sales reached 834, increasing 19% month-over-month and 9% year-over-year, while closed sales totaled 691, up 21.7% from January and 6.3% compared to last year. The median sold price was $729,000, up 8% from January but down 2.1% year-over-year. Homes averaged 28 days on the market and sold for 99.8% 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.
*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.