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Market Conditions for Frederick, Virginia
Reported by Teksin Duman, REALTOR, e-PRO, GRI
Updated September 19, 2009.
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Current Market Rating: 3
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Current Price Trend: 2
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Falling
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Housing inventory has been shrinking in Frederick County VA and Winchester. 673 homes in Frederick County, 180 homes in Winchester sold from the beginning of the year through August, which is quite higher than 2008. For these 673 homes sold in the county the median price was 175K, for Winchester median sale price was 146K.
For detailed statistics click the links below
Frederick County Virginia
Winchester City Virginia
Housing inventory has been shrinking in Frederick County VA and Winchester. 673 homes in Frederick County, 180 homes in Winchester sold from the beginning of the year through August, which is quite higher than 2008. For these 673 homes sold in the county the median price was 175K, for Winchester median sale price was 146K.
For detailed statistics click the links below
Frederick County Virginia
http://www.mris.com/reports/marketupdate/Frederick%20County%20%28VA%29.pdf
Winchester City Virginia
http://www.mris.com/reports/marketupdate/Winchester%20City.pdf
ZIP Codes: 22601, 22602, 22603, 22604, 22622, 22624, 22625, 22637, 22638, 22645, 22654, 22655, 22656
Approximate Location Boundaries: Clarke County,VA, on the East, Warren,VA on SE, Shenandoah, VA, on S, Hempshire, WV on W, Morgan,WV, on NW, and Berkley, WV, on N.
Location Characteristics: Frederick County was established in 1743 from Orange County. The county is named for Frederick Lewis, Prince of Wales and eldest son of King George II of Great Britain.
Location: Northern Tip of Virginia, bordering Maryland and West Virginia
Washington D.C. 72 miles
Major Roadways:
* Interstate 81 (north-south)
* Interstate 66 (east-west)
* U.S. 50 (east-west)
* U.S. 11 (north-south)
* U.S. 522 (northwest-southeast)
* Va. Primary 7 (east)
* Va. Primary 37 (western bypass)
Airports:
Winchester Regional Airport
60 miles from Dulles International Airport
Ports:
15 miles from the Virginia Inland Port
226 miles from the Norfolk Port
Railroad:
Provided by CSX Transportation and by Winchester & Western, which provides connecting service between CSX and Norfolk Southern
Population
Winchester & Frederick Co. :
67,670 (1990)
82,794 (2000)
95,164 (2006 Estimate)
104,997 (2011 Projection)
Median Age: 37.0 (2006 Estimate)
30 mile radius: 404,990 (1990)
471,528 (2000)
548,815 (2006 Estimate)
601,538 (2011 Projection)
Median Age: 38.2
According to the Metropolitan Real Estate Information System, the median selling price of a home in Winchester for 2006 was $266,000, while Frederick County was slightly higher at $299,000. By comparison, the Northern Virginia region's median home price was more than $450,000.
Web site: http://www.co.frederick.va.us/
For More Information:
View Market Conditions of other areas served by Teksin Duman
Navigate: Top > Virginia > Frederick
About Teksin Duman:
I am a full-time Realtor active in Northern Virginia, Winchester Virginia and the Eastern Panhandle of West Virginia.
My familiarity with a larger geographical area, my Masters in Statistics and many years of business experience in NY help me guide my clients in making good investment decisions. I take great pride in maintaining integrity in all my dealings.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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