WINCHESTER VIRGINIA REAL ESTATE, REGIONAL HOUSING DATA & TRENDS BY ROGER LAMBORNE, ASSOCIATE BROKER, MARKETPLACE REALTY
DEC 2011 REPORT, SUMMARY: Comparisons are to the previous month unless otherwise noted. See our detailed reports and market analysis at www.topofvirginia.com.
Number of homes available down to 964 units, Number of new contracts written down to 309, but up from 2010. Total Sold Dollar Volume up significantly to $30,027,985, Down slighty Total Sales up to 149. Median Sold Price down to $169, Avg Sold Price up to $201,530 and up from 2010. Avg Sold to Avg List Ratio rose by 3% to 92.2%.
Our trends summaries were generated for sales activity in Clarke, Frederick &Warren Counties and the City of Winchester in the market region of the Blue Ridge Association of REALTORS.(BRAR) as compiled by MRIS for residential properties only.
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Go to www.topofvirginia.com for details on the top right.
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Send Roger Lamborne an email if you'd like a detailed copy of the current month's reports on the areas around Winchester Virginia. Email: roger@lamborne.com. We can also pull info for you by region, county or by zip code. The annual year end 2009 report is available and generally shows declines in all categories from 2008.
The information is deemed reliable, but is not guaranteed.
Roger Lamborne is the President of the Blue Ridge Association of Realtors (BRAR) and the Virginia and West Virginia licensed Associate Broker at MarketPlace REALTY, 302 S Braddock St, Winchester, Va 22601. 800-820-8562, roger@lamborne.com.
ZIP Codes: 22601, 22602, 22603, 22611, 22625, 22630, 22637, 22645, 22655, etc) Approximate Location Boundaries: Northern Shenandoah Valley, Clarke, Frederick, Warren, City of Winchester, Eastern Panhandle of West Virginia
Location Characteristics: Consisting of rolling hills and valleys running north/south between the Blue Ridge Mountains on the east & the higher Great North Mountain range on the west, the Shenandoah Valley generally runs from north to south from Harpers Ferry WV up the forks of the Shenanodah River. The valley is traversed by old Route 11, "the Great Wagon Road" that settlers used to migrate from eastern Pa, though Virginia to the Carolinas and TN.
This former Indian path formed the main migration route from the north beginning in the early 1700's. Now bisected by I-81, the Shenandoah Valley and the Winchester region is a thriving retail, commercial and light industrial crossroads with an active residential market and excellent schools, police and fire services.
About The Shenandoah Valley Home Team:
Roger Lamborne has 43 years of experience in real estate marketing & sales, construction and business management, He is licensed in Virginia & West Virginia as an Associate Broker affliated with MarketPlace Realty in historic old town Winchester. Roger is a REALTOR and an Accredited Buyer's Representative (ABR) & has been honored as the 2004 REALTOR of the Year selected from among almost 900 Virginia licensed Keller Williams Agents. He has also been inducted into the HALL OF FAME by the Blue Ridge Association of Realtors and has been recognized as a "TOP PRODUCER" by both the Blue Ridge and the Dulles Area Associations of Realtors. Active in his community, Roger is an ardent supporter of many non-profit orgainziations including the Winchester Shelter for Abused Women, Shenandoah University, Civitan, Kiwanis and Rotary fundraisers, and the North Mountain Fire Company. He is currently the 2009 President Elect and a Member of the Board of Directors of the Blue Ridge Association of Realtors and he is a former member of the Dulles Area Association Board of Directors.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
