The Oakdale Crossing subdivision in Winchester, VA continues to see home sales in 2013, but the number of properties selling is starting to decline. It's not because of the homes, but rather, it's because of the lack of homes. Prices are stabilizing, and properties are selling closer to list.
First quarter sales are down 75% from the same quarter in 2012. One home came on the market in the first quarter. One home was sold in the first quarter, and one home was pending during the first quarter. The average days on the market for 2012 was 36, and the current average is 34. The average price compared to list in 2012 was -6%. In 2013, the price compared to list is -8%. A portion of the sold properties in 2012 sold at or above list.
Properties sold in 2012 varied from 6 bedrooms, 4 baths to 3 bedrooms and 2.5 baths. Prices followed similar differences from $425000 to $240800. There are numerous types of homes in Oakdale Crossing. There are sprawling single story homes and a wide variety of two story homes with a wide selection of exterior sidings.
With the current lack of available listings in Oakdale Crossing, it is a good time to sell. Low inventory means the opportunity for a more stable list and sale price. Oakdale Crossing is a desirable subdivision on the east side of Winchester, VA. It is close to routes 7, 50 and Interstate 81. It is a commuters dream. It is also close to schools and shopping. If you're looking to sell, or if you're looking to buy in Oakdale Crossing of Winchester, VA, call Cornerstone Business Group, Inc., to get started today.
Oakdale Crossing, Winchester, VA First Quarter Market Report 2013