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 20186 zip code which includes the town of Warrenton.
Currently there are 103 active listings.
13 of these active listings are Short Sales.
58 homes are pending settlement.
26 of these are Short Sales and i is Bank Owned.
13 homes have sold in the prior 30 days with an average of 96 days on market.
2 of theses were short sales.
This translates into 8 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.