The greater Winchester, Va., real estate market, including Frederick, Shenandoah and Warren counties and the city of Winchester, experienced positive trends in April, according to The Long & Foster Market Minute reports. According to April data, median sale price increased or stayed steady in most areas the market.

The Long & Foster Market Minute reports are compiled from data from residential real estate transactions within specific geographic regions, not just Long & Foster sales.

In April, the median sale price increased in two areas of the Winchester region. Warren County experienced a 19 percent increase, while Shenandoah County experienced a 13 percent increase. Frederick County stayed stable, with no change compared to April 2013. Winchester City experienced a 2 percent decrease.

Homes in the Winchester area are continuing to sell at a solid pace according to April data. Winchester City experienced a days on market (DOM) average of 69 days, followed by Frederick County at an average of 80 DOM. Warren County saw a DOM of 96 days and Shenandoah County experienced a DOM average of 152 days.

The number of homes sold decreased from 7 percent to 16 percent throughout the Winchester region in April compared with the same month in 2013. Inventory increased by 12 percent to 33 percent in the Winchester region.

“The spring housing market is beginning to bounce back, and we’re seeing many positive trends happening in the real estate market in the Mid-Atlantic, including in the Winchester region,” said Jeffrey S. Detwiler, president and chief operating officer for The Long & Foster Companies. “In many places, median sale prices are increasing and homes are selling at a faster pace than in previous months. We anticipate these developments will continue, and we’ll see more great happenings in the real estate market throughout the spring.”

The Long & Foster Market Minute is an overview of market statistics based on residential real estate transactions and presented at the county level. The easy-to-read and easy-to-share reports include information about each area’s units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market. Featuring reports for more than 500 local areas and neighborhoods in addition to more than 100 counties in eight states, The Long & Foster Market Minute is offered to buyers and sellers as they aim to make well-informed real estate decisions.

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