Fauquier County Warrenton VA Market Update

By
Real Estate Agent with Century 21 New Millennium

Currently in Fauquier County we have the following statistics. The sold properties have settled in the past 30 days.

Of these we have 40 active bank owned (10%), 25 pending settlement (20%) and 15 of the sold were bank owned (23%).

Of These we have 45 active Short Sales (10%), 49 pending settlement (35%) and 12 of the solds were Short Sales (12%).

Average days on market for the sold properties is 88.

 

Status: ACTIVE (433)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $50,000 0 0 0 0 1 0 0 1725
Max $17,000,000 8 12 11 4 1,437 1,808 25,482,600 2011
Avg $899,247 4 3 3 1 189 226 785,628 1972
Status: CNTG/NO KO (61)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $69,900 2 1 1 0 2 0 0 1929
Max $599,000 6 5 4 2 335 861 2,180,853 2010
Avg $266,871 4 3 2 1 65 83 139,816 1992
Status: CNTG/KO (7)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $75,000 2 2 1 0 5 0 0 1914
Max $595,000 4 3 3 1 64 64 701,403 1987
Avg $237,271 3 2 2 1 31 30 130,484 1954
Status: CONTRACT (58)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $62,400 2 1 1 0 0 0 0 1818
Max $2,950,000 6 7 5 3 1,001 1,001 1,089,000 2010
Avg $301,624 3 3 2 0 82 109 165,043 1983
Status: SOLD (69)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $72,900 1 1 1 0 0 0 1,133 1955
Max $1,200,000 7 6 5 2 355 759 3,175,088 2010
Avg $354,189 4 3 2 1 62 88 250,057 1989

 

Currently in Warrenton we have the following statistics. The sold properties have settled in the prior 30 days.

Of these we have 16 active bank owned (10%), 8 pending settlement (15%) and 6 of the sold were bank owned (20%).

Of These we have 19 active Short Sales (10%), 21 pending settlement (50%) and 3 of the solds were Short Sales (10%).

Average days on market for the sold properties is 95.

Status: ACTIVE (161)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $107,100 1 1 1 0 2 2 0 1725
Max $8,900,000 7 9 7 3 1,437 1,358 4,427,804 2010
Avg $608,850 4 3 3 1 174 209 267,406 1982
Status: CNTG/NO KO (25)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $89,900 2 1 1 0 2 0 0 1929
Max $465,000 5 5 4 1 210 210 1,009,995 2007
Avg $287,386 4 3 2 1 56 61 80,686 1991
Status: CNTG/KO (2)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $185,000 3 2 1 0 11 11 21,780 1946
Max $189,900 4 2 2 1 28 28 36,000 1965
Avg $187,450 4 2 2 1 20 20 28,890 1956
Status: CONTRACT (18)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $109,900 2 2 1 0 11 11 0 1955
Max $1,495,000 5 7 4 3 226 424 922,061 2010
Avg $317,118 4 3 2 1 79 107 117,947 1987
Status: SOLD (31)
    List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $76,900 2 1 1 0 0 0 1,133 1960
Max $689,900 6 6 5 2 161 759 2,397,185 2010
Avg $390,881 4 3 3 1 56 95 155,782 1990

So how does this help a buyer or seller in this area? We have a fair share of distressed properties and they are selling but the market is no longer Driven by Bank-owned properties.

 

Comments (1)

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Renee, We believe that buyers and sellers appreciate all the info they can get during the buying and selling process and your County stats are really thorough!

Dec 11, 2010 12:03 AM