Oakdale Crossing, Raven Wing and Raven Pointe Real Estate Year in Review – 2016
Oakdale Crossing, Raven Wing and Raven Pointe are the trifecta of great housing in Winchester, VA. These three neighborhoods flow seamlessly from and to the other on the east side of Winchester, VA. They have all been highly desirable since the first footers were dug in the late 1990s.
One of the great attributes of these three neighborhoods is the quality of the custom-built homes. They are not like many neighborhoods that offer a few options but end up looking more like a cookie cutter was used and not a custom builder. There are two-story colonials, spacious ranch homes, and cape cod styles.
Oakdale Crossing, Raven Wing and Raven Pointe – by the numbers
Throughout 2016, only 17 homes were sold in this 400 plus community. Of those 17, Oakdale Crossing had 2 sales, Raven Pointe had 3 and Raven Wing had 12. You can see, there is not a lot of movement in the neighborhood. Why? People love their homes.
The average sale price in 2016 was $377,514. The highest sale was $419,000 and the lowest was $299,900. Of those sales, only one property was listed as a distressed property. It was a foreclosure in Oakdale Crossing. The neighborhood had a 94% fair market sales record for 2016.That is higher than the average for the Winchester-Frederick County, VA real estate market.
The average sale was made up of a four bedroom, four bath and one half bath home. The average days on the market was 86, which is consistent with the overall local market.
What does the future hold for Oakdale Crossing, Raven Wing and Raven Pointe?
What does the future hold for Oakdale Crossing, Raven Wing and Raven Pointe? Good things. The local Winchester-Frederick County, VA real estate market appears to have fully recovered from the 2008 recession and has had a few years of consistent sales with increasing home prices.
Oakdale Crossing, Raven Wing and Raven Pointe now have seven homes available for buyers to view. There is one pending. The average list price of the current listings is $468,654. If that price holds to contract and closing, that is a substantial increase in the average sales price. The average days on the market of the current listings is 144. That does show the impact of the election cycle,the seasonal changes and the holidays. Warmer weather will bring more buyers and more sales.
For would-be buyers, you have seven chances to own a home in this highly desirable neighborhood. When you’re ready to buy or sell in Oakdale Crossing, Raven Wing, or Raven Pointe, give Mike Cooper a call. Mike is your local real estate sales pro.