Stephens City, VA Real Estate Market Update – June 2015

The June 2015 Stephens City, VA real estate market had a 43% jump in salesover May 2015. That’s a great sign of a growing and healthy change in the market. Short sales and foreclosures were consistent with the rest of Frederick County, VA at 9%. The area distressed sales have stayed a constant 9% for the entire first six months of 2015.

The sales were made up of 10 townhouses, 19 ranch houses and 34 colonial homes. Three other sales fell into the “other” category. The average selling price was $274953, while the highest was $450298. The average days on the market was 49.

Stephens City, VA is a strategically place community on the southern end of Winchester, VA. It is close to Rt 66, Interstate 81, Route 522 South, Route 340 into Clarke County, Route 37 and Route 11 North and South. It’s the perfect place for a commuter┬áto live. A typical drive into the DC area is about one hour. Winchester, VA is 5-10 minutes away.

The community is made of a population of approximately 1899 people with 43.4% of those being male and 56.6 female. The median age is 34.9 which is lower than the state average. Median income is $54,717. With its easy access to multiple highways both north/south and east/west, it’s a logical place to live for those who like the small community feel but want quick access to other larger city offerings.

 

Stephens City, VA Real Estate Market Update – June 2015

Advertisements