Available Homes in Winchester, VA - March 23, 2012

By
Managing Real Estate Broker with Winchester Real Estate Sales, Cornerstone Business Group Inc 0225086119
http://actvra.in/xND

Market reports aren't always exciting or sexy, but they do give you a great snapshot of what's happening in a specific area at a specific time.  When the national news is giving buyers and sellers one view of the real estate market it can skewed very fast.  The reality is that all real estate is local.

The available homes for sale in Winchester, VA are increasing.  The current available listings total 563 at week three of March 2012.  Each week in the month of March has seen a change.  This week, inventory is up slightly, distressed properties dropped another 1.2% and prices are starting to stabilize, though not climbing radically.

Winchester City has 115 current available listingsOf that number, 11 are short sales and 4 are REOs.  Frederick County has 448 available listings with 45 short sales and 36 REOs.  The distressed properties in February 2012 were 18.8%.  In the first week of March that number fell to 18.2%.  By week three, the number of distressed properties have fallen to 17%.

The lower number of distressed properties, and the increase in inventory, isJumping man a good sign that those who were sitting on the fence waiting for the right time to sell have finally started jumping into the market. 

If you are thinking of selling your property this year, now might be a good time to call your Cornerstone Business Group, Inc., agent.  Things are moving, and you will want to get ahead of the crowd that evolves when the weather gets and stays warm.  Buyers are buying.  Sellers, if you're ready to sell, let's get together and see what we can make happen.

Available Homes in Winchester, VA - March 23, 2012

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Topic:
ActiveRain Community
Location:
Virginia Frederick County Winchester
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"Whacked"!!!
VIRGINIA
Market Reports
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2012
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available homes in winchester

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Rainmaker
975,089
Scott Godzyk
One of Manchester NH's Leading Agents
Godzyk Real Estate Services

Great way to put it Mike. They are not sexy but yours is sure eye catching. Great stats, nice flash and good pictures. Have a great Saturday

March 24, 2012 06:32 AM
Rainmaker
717,120
Mike Cooper
Your Winchester, VA Real Estate Pro
Winchester Real Estate Sales, Cornerstone Business Group Inc

Diane, I definitely mix it up.  I might focus on short sales one time, foreclosures the next or fair market numbers.  Then I might focus on days on the market with an explanation as to why a property may sit so long.  I try to keep it interesting.  I also try to add percentages into the report to show trends for those who are waiting or this or that to happen.  I do try to do a market report on a weekly basis because our market is constantly changing, and it gets me more Google juice.  

Thanks, Scott.  Raining in the valley today.  Now it feels more like March.  Have a great weekend.

March 24, 2012 08:23 AM
Rainmaker
55,926
Cari Dandy
Homes for Sale - Scottsdale AZ
Russ Lyon Sotheby’s International Realty

Mike, I think that you almost make your market reports look sexy, lol! I wish our available homes for sale were increasing HERE in the Phoenix area!  Inventory is so low! Great job on your post, as usual. I always enjoy reading yours!

March 24, 2012 10:28 AM
Rainmaker
589,242
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Tahoe Real Estate Agent Helping Buyers and Sellers
Coldwell Banker, Tahoe City, CA (530) 414-1260

Mike - Anyone interested in the Winchester area is going to find your real estate market report very helpful.  Nicely done!

March 24, 2012 11:22 AM
Rainmaker
717,120
Mike Cooper
Your Winchester, VA Real Estate Pro
Winchester Real Estate Sales, Cornerstone Business Group Inc

Thanks, Cari.  We're up a little.  That's exciting, but I'm looking for more.  8-)

Thank you, Laura.  Have a great weekend.

March 24, 2012 11:37 AM
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Rainmaker
717,120

Mike Cooper

Your Winchester, VA Real Estate Pro
Winchester has a place for you! Call me.
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