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Oakdale Crossing, Winchester, VA is selling. October 2012

By
Real Estate Broker/Owner with Cornerstone Business Group Inc 0225086119

Oakdale Crossing in Winchester, VA is on the mend.  This very Oakdale Crossing Market Report October 2012desirable subdivision was hard hit by foreclosures and short sales after the 2008 real estate market collapse.  The homes in the subdivision are beautiful spacious homes with wonderfully landscaped lots.

The 2008 market decline caught a lot of Oakdale Crossing homeowners off guard.  The local market found an average of 33% of home values collapsed during those early days.  That put a lot of homeowners underwater. 

The declining employment market drove some families into foreclosure and others into short sales.  The tragedy of some became an opportunity for others.  The prices in the neighborhood have not returned to the pre-2008 numbers, but that has provided great buying opportunities for buyers.

The number of listing in the Oakdale Crossing subdivision stand at six, but of that number, three are currently under contract.  Prices range from $365500-$439000.  These homes vary from 2200 square feet to 2900.  All have 3 bedrooms and 2 baths or above.  Many have four bedrooms or more.

The desirability of homes in Oakdale Crossing cause them to sell quickly when well maintained and listed at an attractive price.  This is a great time to buy in Oakdale Crossing, Winchester, VA.  Don't miss out.  Call us today.

Oakdale Crossing, Winchester, VA is selling.  October 2012

Comments(2)

Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Mike, Glad your market is on the mend and hopefuly will be fully recovered in a few months or more.

Oct 09, 2012 08:21 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Mike:  You're so right when you say the market downturn had to distinct sides to it.  Advantage to some .. great disadvantage to others. Glad to hear that Oakdale Crossing in Winchester is making a recovery to a healthier market.  It's what we want to see happen everywhere ...

Gene

Oct 09, 2012 08:55 AM