Black Friday isn’t just for toys and household goods. Black Friday is also for houses. There are 76 distressed properties available in the Winchester VA real estate market. The Winchester / Frederick County area has 46 short sales and 30 foreclosures.
The average short sale is $181,784, and the average foreclosure lists for $152,010. Short sales range from $74,900 – $440,000. Foreclosures listings range from $49,499 – $349,000. There is something for every buyer.
The local market has seen a 5 property drop in available listings from 478 to 473 since November 10, 2012. There has also been a -1.2% change in the percentage of available distressed properties since the beginning of November.
Don’t let this opportunity pass you by. Distressed properties tend to be listed below market value. It’s a bargain hunter’s dream come true. When you’re ready to pick up a bargain property, give your Cornerstone agent a call.