Frederick county Va is a Buyer's Market

By
Real Estate Agent with Long and Foster Webber and Associates,480 W Jubal Early Dr #100, Winchester, VA 22601

In the first two months of the fourth quarter, 272 jobs were added to the payrolls of Frederick County. As

a result of these new jobs, the average monthly unemployment rate fell from 2.9% during the third

quarter to 2.8% for October and November. The strong employment climate may help to create demand

for home purchases. Favorable mortgage rates should augment this trend.

                                                  Q3' 07           Q4' 07           

Average Price                      $294,300      $277,600

# Homes on the Market     1,684            1,491

# Homes Sold                        198                219

# New Homes Built              102                57

Avg # of Days on Market  102                114

Posted by MRIS

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Beth Paisley Realtor with Long and Foster Webber

Winchester Virginia 540-327-2813
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