Winchester, VA real estate market continues to improve - May 2012
By Mike Cooper, Broker VA,WV, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
The Winchester, VA real estate market continues to show signs of improvement, but it is in inches rather than leaps. The current market has 513 available properties spread over the Winchester City and Frederick County area. Of those 513 listings, 15% are distressed properties. That's par with the April numbers, but it's a 3.3% drop from the beginning of the year. The number of available listings have increased since April, and with the decline in distressed properties that's a positive trend. Frederick County, which has more available properties, holds 16% of all distressed properties, while Winchester City has dropped to 13%. The more startling numbers come when you look at pending sales. There are 321 pending sales in both Winchester City and Frederick County, VA. The pending s...
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