Areas of the Winchester real estate market enjoyed an increase in the number of homes sold and median sale price in November, according to The Long & Foster Market Minute reports. The greater Winchester, Va., real estate market includes Frederick, Shenandoah and Warren counties and the city of Winchester. The Long & Foster Market Minute reports are based on data provided by Metropolitan Regional Information System and its member associations of Realtors and include residential real estate transactions within specific geographic regions, not just Long & Foster sales.

The number of homes sold increased in some areas of the Winchester region in November compared to the same month in 2014. Shenandoah County saw a 23 percent increase, followed by Frederick County with a 15 percent increase. Warren County experienced no change compared to last year and Winchester City experienced a 13 percent decrease.

In November, median sale prices rose in a few places in the Winchester region, with Shenandoah County experiencing an increase of 18 percent and Frederick County seeing an 8 percent increase compared to the previous year. Median sale price decreased by 9 percent in Warren County and decreased by 32 percent in Winchester City.

In the Winchester region, active inventory decreased by 17 percent in Winchester City and by 15 percent in Warren County. Shenandoah County experienced an 11 percent drop in inventory, and Frederick County saw a 1 percent decrease compared to the same month the previous year.

Homes in the Winchester area are continuing to sell at a steady pace according to November data. Frederick County saw the lowest days on market (DOM) average at 49 days, followed by Winchester City at 61 days. Warren County had a DOM average of 74 days and Shenandoah County experienced a DOM average of 120 days.

“November brought a number of positive things to the United States’ economy, with additional jobs and increases in home construction being among them, and we saw good signs within the Long & Foster market as well,” said Jeffrey S. Detwiler, chief operating officer of The Long & Foster Companies. “Within the Winchester region, some areas saw continued improvements in the number of homes sold and median sale prices, and we anticipate a steady and healthy real estate market in 2016.”

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.

The Long & Foster Market Minute reports are available at www.LongandFoster.com, and you can subscribe to free updates for the reports in which you’re interested. Information included in this report is based on data supplied by MRIS, which is not responsible for its accuracy. The reports do not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.