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Winchester VA Real Estate Trends - November 20, 2012

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

 

The Winchester VA real estate market has added 43 new listings from November 11 through November 20, 2012.  That's 9 more new listings since the beginning of November.  The total number of listings available is 468, down 10 from the first 10 days of November.  

The make-up of the new listings for the middle of November is 7 short sales, 5 foreclosures and 31 fair market properties.  Distressed properites make up 17.8% of the new listings.  That number is down from the 33% new distressed property listings in the first 10 days of November.  That's a good trend indicator for the local market.

Comments(3)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

17% seems high. But let us give thanks for what we have. :) Happy Thanksgiving, Mike!

Nov 22, 2012 04:37 AM
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

The market is starting to move...me thinks!

Nov 22, 2012 08:49 AM
James Dray
Fathom Realty - Bentonville, AR

Mike the market has been in recovery for the last 6 months in NW Arkansas.  Glad to see you are starting to see it also

Nov 22, 2012 07:13 PM