Blue Ridge Association of REALTORS® (BRAR)
During the month of September, the overall number of new listings for the Blue Ridge Association of REALTORS® service area was 0.4% more than in August, which was a 34.3% increase from the number of new listings taken in September 2023. The number of pending sales increased 15.3% from August which was a 36.9% increase from September 2023. Closed sales were down 16.2% since August, with an 11.9% increase from September 2023. The median sold price was $405,000 which, in comparison to August was 1.3% higher and 4.8% more than last September. The average length of time on the market was 29 days and the average sale price to the original list price was 98.5%.
Winchester City
Winchester City saw the number of new listings decrease by 29.3% from August, which was 23.7% less listings taken than in September of last year. The number of new pending contracts increased by 31% since August, and increased 35.7% compared to September of last year. Closed sales were down 33.3% from August and was 40% more compared to September of last year. The median sold price was $391,355 and the average length of time on the market was 29 days. The average list to sold price was 97.8%.
Frederick County
In Frederick County, the number of new listings increased 8.8% from August, which was 45.5% more listings taken as compared to September of last year. New pending contracts increased by 4.3% since August, and showed a 41.2% increase as compared to September of last year. Closed transactions were stable compared to August, which is a 35.2% increase compared to September of last year. The median sold price in Frederick County was $412.895. The average number of days on market was 28 and the average sold to list to sale price ratio was 98.3%.
Clarke County
The number of new listings in Clarke County was stable compared July and was 23.1% more compared to September 2023. New pending sales decreased 25% since August and decreased 7.7% compared to September 2023. The number of closed transactions decreased 46.7% compared to August and was down 52.9% compared to September of last year. The median sale price was $647.950 and the average length of time on the market was 27 days. The average sale to list price ratio was 102%.
Loudoun County
The number of new listings in Loudoun County increased by 5.2% from August and increased 18.9% since September 2023. Pending sales were up 10.7% from August and was up 32.1% since September 2023. Closed sales decreased 15.3% from August and increased 12.1% from September of last year. The median sale price was $707,750. The average length of time on the market was 22 days, with an average sale to list price of 99.1%.
Fairfax County
Fairfax County saw a 1% decrease in the number of new listings from compared to August, which was a 5.1% increase in the number of listings taken over September of last year. The number of pending sales were up 7.3% from August and increased 19.7% since September 2023. Closed transactions were down 10.2% from August and increased by 10.8% since September of last year. The median sale price was $720,000 and the average length of time on the market was 19 days, with an average sale to list ratio of 99.5%.
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.