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Warren County Market Report – August 2020

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Seller’s Market continues. Prices remain higher than we have seen in a long time. This month there are not as many new listings, but the number of homes that have CLOSED this month is more than double than last year. With the excitement is a feeling of… oh boy, I hope we steady out soon. Prices can not continue to go up at this pace without serious consequences at a later date (in my opinion).

Watch this video for a quick summary of Warren County real estate for August 2020. Charts demonstrate the changes in the market, so be sure to click play!

In general summary:

  1. New Listings are DOWN -11.%.
  2. New Pending UP 26.4%.
  3. Closed sales are UP 58.9%
  4. Average Median Sold $265,000
  5. Average Days on Market 40

*If you would like a copy of this report emailed to you, please send request to jenaveryrealtor@gmail.com.

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Resource: August 2020 Market Stats by ShowingTime
MRIS: Statistics calculated September 2020

Jennifer Avery, Realtor
“Your Happy Home Expert”

BPOR, SRS, CNE, E-Pro Certified | Licensed in VA
jenaveryrealtor@gmail.com | 540-683-0790
CRUM REALTY, INC | 318 S Loudoun St., Winchester, VA 22601 | 540-662-0400

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