Warrenton Virginia in Fauquier County is located 35 miles west of Washington D.C. in the Piedmont area of Virginia. Let's look at what is happening in the 20187 zip code wheich is the D.C. side of Warrenton.
Currently there are 101 active listings.
15 of these active listings are Short Sales and 1 is Bank Owned.
34 homes are pending settlement.
15 of these are Short Sales.
22 homes have sold in the prior 30 days with an average of 84 days on market.
This translates into 5 months of inventory.
We have some short sale and REO activity but it is not driving the market presently. Prices in this zip code have remained stable ove the prior 18 months.