Warren County Market Report – January 2020

Watch this video for a quick summary of Warren County real estate for January 2020. We must be setting records at this point! Charts demonstrate the changes in the market, so be sure to click play.

In general summary:

1. New Listings are UP 57.9% in January 2020.
2. New Pending UP 59.%. We list them and they are going under contract fast. 160 Active Listings.
3. Closed sales are UP 33.3%.
4. Average Median Sold $219,900. This number is down again this month. Hoping to see this number climb again in the next few months. Personally, I have known a few investors who have decided to sell their less expensive investment properties to take advantage of the strong market. Could this action bring down our median sold value?
5. Average Days on Market 52. In my opinion, anything under 60 days is great!

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

Resource: 2019 Market Stats by ShowingTime
MRIS: Statistics calculated February 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