Blue Ridge Association of REALTORS® (BRAR)
During the month of October, the overall number of new listings for the Blue Ridge Association of REALTORS® service area was 1.1% less than in September, which was a 5.6% increase from the number of new listings taken in October 2024. The number of pending sales decreased 4.9% from September which was a 4.5% decrease from October 2024. Closed sales were down 10% since September, with a 0.4% increase from September 2024. The median sold price was $429,000 which, in comparison to September was 2.5% less and 10.3% more than October 2024. The average length of time on the market was 39 days and the average sale price to the original list price was 96.7%.
Winchester City
Winchester City saw the number of new listings increase by 35.7% from September, which was 40.7% more listings taken than in October of last year. The number of new pending contracts increased 54.5% compared to September, and increased 25.9% compared to October of last year. Closed sales decreased 14.8% compared to September and was 30.3% less compared to October of last year. The median sold price was $460,000 and the average length of time on the market was 46 days. The average list to sold price was 96.4%.
Frederick County
In Frederick County, the number of new listings increased 2.1% from September, which was 1.4% more listings taken as compared to October of last year. New pending contracts decreased by 7.6% since September, and showed a 2.4% decrease as compared to October of last year. Closed transactions decreased 9.9% compared to September, which is a 9.7% increase compared to October of last year. The median sold price in Frederick County was $414,750. The average number of days on market was 37 and the average sold to list to sale price ratio was 96.9%.
Clarke County
The number of new listings in Clarke County decreased 16% compared to September and increased 40% compared to October 2024. New pending sales were up 33.3% compared to September and were up 6.7% more compared to October 2024. The number of closed transactions decreased by 20% compared to September and increased 20% compared to October of last year. The median sale price was $468,125 and the average length of time on the market was 38 days. The average sale to list price ratio was 95.4%.
Loudoun County
The number of new listings in Loudoun County decreased by 14.3% from September and increased 1.7% since October 2024. Pending sales were up 0.9% from September and was up 6.3% since October 2024. Closed sales increased 16.3% from September and increased 3.2% from October of last year. The median sale price was $741,000. The average length of time on the market was 29 days, with an average sale to list price of 98.3%.
Fairfax County
Fairfax County saw a 16.9% decrease in the number of new listings from compared to September, which was an 8.2% decrease in the number of listings taken over October of last year. The number of pending sales were down 8.2% from September and decreased 1.1% since October 2024. Closed transactions were up 7.8% from September and increased by 6.6% since October of last year. The median sale price was $745,000 and the average length of time on the market was 26 days, with an average sale to list ratio of 97.9%.
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.