Winchester, VA Real Estate News

By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Oakdale Crossing Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Oakdale Crossing neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Oakdale Crossing Home ValuesIn the past 6 months, 4 properties have sold in Oakdale Crossing ranging from a 5-bed, 4-bath Detached for $385,000 to a 4-bed, 3.5-bath Detached for $504,000.Oakdale Crossing Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 3 months, which indicates the total number of months it would take for the current inventory to ...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Pembridge Heights Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Pembridge Heights neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Pembridge Heights Home ValuesIn the past 6 months, 8 properties have sold in Pembridge Heights ranging from a 3-bed, 2-bath Detached for $217,000 to a 4-bed, 3-bath Detached for $290,000.Pembridge Heights Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 1 month, which indicates the total number of months it would take for the current inventory t...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Pioneer Heights Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Pioneer Heights neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Pioneer Heights Home ValuesIn the past 6 months, 8 properties have sold in Pioneer Heights ranging from a 4-bed, 3.5-bath Detached for $271,900 to a 3-bed, 3.5-bath Detached for $375,000.Pioneer Heights Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 2 months, which indicates the total number of months it would take for the current inventory to sel...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Shawneeland Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Shawneeland neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Shawneeland Home ValuesIn the past 6 months, 24 properties have sold in Shawneeland ranging from a 2-bed, 1-bath Detached for $103,000 to a 4-bed, 4-bath Detached for $315,000.Shawneeland Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 4.3 months, which indicates the total number of months it would take for the current inventory to sell. The average sold p...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Sovereign Village Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Sovereign Village neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Sovereign Village Home ValuesIn the past 6 months, 9 properties have sold in Sovereign Village ranging from a 2-bed, 2.5-bath Townhome for $255,000 to a 4-bed, 3.5-bath Detached for $449,900.Sovereign Village Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 5 months, which indicates the total number of months it would take for the current invent...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Star Fort Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Star Fort neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Star Fort Home ValuesIn the past 6 months, 5 properties have sold in Star Fort ranging from a 5-bed, 3-bath Detached for $306,000 to a 4-bed, 2.5-bath Detached for $325,000.Star Fort Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 2 months, which indicates the total number of months it would take for the current inventory to sell. The average sold price is $30...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Stonebrook Farms Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Stonebrook Farms neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Stonebrook Farms Home ValuesIn the past 6 months, 6 properties have sold in Stonebrook Farms ranging from a 4-bed, 3.5-bath Detached for $295,000 to a 5-bed, 3.5-bath Detached for $529,000.Stonebrook Farms Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 4 months, which indicates the total number of months it would take for the current inventory t...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Village At Harvest Ridge Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Village At Harvest Ridge neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Village At Harvest Ridge Home ValuesIn the past 6 months, 3 properties have sold in Village At Harvest Ridge ranging from a 3-bed, 2.5-bath Detached for $390,000 to a 3-bed, 3.5-bath Detached for $449,900.Village At Harvest Ridge Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 0 months, which indicates there are currently no homes...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Wilde Acres Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Wilde Acres neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Wilde Acres Home ValuesIn the past 6 months, 9 properties have sold in Wilde Acres ranging from a 2-bed, 1-bath Detached for $119,500 to a 3-bed, 2.5-bath Detached for $220,000.Wilde Acres Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 1.3 months, which indicates the total number of months it would take for the current inventory to sell. The average sold ...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Windstone Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Windstone neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Windstone Home ValuesIn the past 6 months, 3 properties have sold in Windstone ranging from a 3-bed, 2.5-bath Townhome for $195,000 to a 3-bed, 2.5-bath Townhome for $225,000.Windstone Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 0 months, which indicates there are currently no homes on the market. The average sold price is $208,000 and the average days on ...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Woodbrook Village Homes For Sale | Winchester, VA - July 2019This is a snapshot of recent sales in the Woodbrook Village neighborhood of Winchester, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Click here to sign up for my free monthly real estate market update.Highest and Lowest Sold Woodbrook Village Home ValuesIn the past 6 months, 6 properties have sold in Woodbrook Village ranging from a 2-bed, 1-bath Detached for $200,000 to a 2-bed, 2-bath Townhome for $293,400.Woodbrook Village Neighborhood Real Estate Market ActivityThese market activity gauges show the market trends for the previous month (May) as compared to the 5-year June average. The market supply is 1 month, which indicates the total number of months it would take for the current inventory t...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
According to a new CNBC study, Virginia is the top place for business in 2019, and Northern Virginia is just the place to plant your company. This the fourth time in 13 years that Virginia has been named to the top spot, and why not?Amazon decided to place its second headquarters in Northern Virginia, Proctor and Gamble just built a huge manufacturing plant at the Virginia - West Virginia border, the FBI just built a new facility in Winchester, VA and the list goes on and on. The network of highways, inland ports and access to rail and waterways make Virginia a jewel for businesses. The CNBC study states that Virginia offers "the best workforce in the country." The study also revealed that nearly 38% of the population has at least a bachelor's degree, placing the state in the top ten mo...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Winchester-Frederick County, VA Real Estate Market Update - January-June 2019 The Winchester-Frederick County, VA real estate market continues to show signs of improvement through the first six months of 2019. The area has suffered from low real estate inventory for nearly two years, and though it is still low, it is showing signs of increasing. Low inventory creates a circular challenge for home buyers and sellers. Buyers can't buy because homes are not available. Because inventory is so low, would-be sellers have no place to move to. Therefore, they stay put and buyers can't buy. Until more homes come on the market, the cycle will continue, but it is slowly changing.Winchester-Frederick County, VA Real Estate Market Update: Market Inventory The current new units added to inventory in ...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Winchester-Frederick County, VA First Four Month's Home Sales 2019Winchester-Frederick County, VA home sales for the first four months of 2019 saw a large uptick from the same period in 2018. The number of properties sold in 2018 was 753, and that number increased by 20.3% in 2019 to 906. That's an incredible jump year to year. Even with lower than average inventory, home sales are climbing. The high volume of home sales in the first four months should challenge the old adage that homes sell better in the Spring. They do sell better in the Spring, but that may be because home sellers tend to flood the market with more homes in the Spring than in the colder months. Is it because real estate professionals tell sellers to wait for Spring to list, or is Spring really the beginning of the lo...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Red Fox Run, Winchester, VA is a highly desirable neighborhood on the south-east side of Winchester, VA. The neighborhood has a wide variety of home styles for buyers to choose from. The location of the neighborhood makes it a prime location for Metro DC commuters.The real estate market, for the past six months, shows a steady healthy market. Homeowners wishing to sell in the Spring selling season are likely to be on the upside of the local market. Sales prices are up and with the low inventory in Red Fox Run, buyers will likely pay a premium price for a home in the subdivision. When you're ready to sell your Red Fox Run home, give Cornerstone Business Group, Inc., a call. We are your neighborhood sales pros. Click here for additional information about Red Fox Run home sales. 
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Home-buyers' Guide to the Home-Buying ProcessEvery home-buyer needs a home-buyers' guide to the home-buying process. Home-buying can be confusing, even for those who have bought in the past. There is a process, and if you follow the process, it can be easy, and you can actually have fun buying your next home.Home-buying process: Pick a RealtorThe first step in the home-buying process is to find a good Realtor, and let me emphasize this, find ONE Realtor. It is not unusual to have a home-buyer call our office to ask if we can show a property. The first thing I ask is, "Are you working with an agent?" Almost every time, the buyer will say, "No," and then he/she will tell me the appointment needs to be at a certain time because he/she has three showings prior to mine.If a buyer is looking ...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
                      Red Fox Run, Winchester, VA - 2018 Real Estate Market ReviewRed Fox Run in Winchester, VA had a solid year in real estate for 2018. The Frederick County, VA real estate market saw an increase in homes sales by 1.8%. That seems low, but in comparison to the national average, it's an improvement.Nationwide, the number of home sales actually declined in 2018 -4.3%. Red Fox Run also saw a decline in the number of homes sold in 2018 from the previous year but in a micro-economics view, that can mean something, or it can mean nothing.The fact that fewer homes sold in Red Fox Run may simply mean that fewer people sold their homes on purpose. According to a Gallup survey, "one in four Americans move every 5 years." That number equates to about 11 moves in a lifetime. That'...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
                  Overpricing your home can cost you more than a few dollars.Anytime a home is listed, the seller and the listing agent have a decision to make. What is the listing price? What does the market tell you about where it should list? There is an unfortunate tendency to look at the home you've lived in with rose-colored glasses. That's often where overpricing a home starts. The list price of a home has to be an unemotional decision. It is a market driven number, and no amount of memories will change that.The perils of overpricing your home: Wishful Thinking vs Wise ThinkingOverpricing your home normally starts out with a conversation that goes something like this:Agent: So, what is the price you have in mind for listing your home? Here are the comps that show where it should ...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
As we approach the anniversary of September 11, 2001, I have to reflect a bit.  On that morning, I had just returned from the gym and turned on the TV.  The first tower had just been hit and there was a lot of confusion about what had just happened.  Reporters were just starting to broadcast, and there were more unknowns than knowns.I was telling my wife that it looked like a small plane had crashed into one of the twin towers and it was on fire.  Then I saw the second plane circling around to make impact.  Within seconds it hit the tower, and I followed that with the comment, "We're under attack."  As a Christian, I'm familiar with the voice of God, and instantly He said, "It's not over!"  That started a day of phone calls and prayer at our house.  Two of my good friends were commercia...
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By Mike Cooper, Broker VA,WV, MD, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Do the important things first and your home will sell quickly. If you don't, it may sit and become stigmatized.Do the important things first and your home will sell quickly. If you decide to gamble with the listing, hoping to attract a clueless buyer, you may end up with a house that is stigmatized and invisible. One of the things I do when I take a listing is inspect the property from top to bottom. As a broker and a contractor, I have a good eye for things that keep properties on the market too long.I've been through enough home inspections to know what catches an inspector's eye and what doesn't. Beyond that, I've sold enough homes to know what catches a buyer's eye and what doesn't. If a seller lets regular maintenance go too long, it will show up in the showings and a home inspecti...
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