The Winchester real estate market enjoyed rising median sale prices in most areas in March, according to The Long & Foster Market Minute reports. Much of the greater Winchester, Va., real estate market, which includes Frederick, Shenandoah and Warren counties and the city of Winchester, also experienced increases in the number of units sold.

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

The number of homes sold increased in the majority of the Winchester region in March compared to the same month in 2014. Winchester City saw a 123 percent increase, followed by Shenandoah County with a 78 percent increase. Frederick County experienced a 12 percent increase in the number of homes sold and Warren County experienced a 21 percent decrease.

In March, median sale prices rose in much of the Winchester region, with Shenandoah County experiencing an increase of 6 percent and both Frederick County and Winchester City seeing increases of 2 percent. Warren County experienced a 3 percent dip in the median sale price of homes.

In the Winchester region, active inventory decreased by 18 percent in Winchester City and by 13 percent in Shenandoah County. Warren County experienced a 3 percent drop in inventory, and Frederick County saw a 9 percent increase compared to the same month the previous year.

Homes in the Winchester area are continuing to sell at a steady pace according to March data. Frederick County saw the lowest days on market (DOM) average at 75 days, followed by Winchester City at 81 days. Warren County had a DOM average of 91 days and Shenandoah County experienced a DOM average of 164 days.

“In March, we saw some positive trends in the Mid-Atlantic and Northeast real estate market, including in the Winchester region, where we saw increases in the number of homes sold,” said Jeffrey S. Detwiler, president and chief operating officer for The Long & Foster Companies. “We saw consumer spending increase in March for the first time since November, and with rising consumer spending comes higher consumer confidence, and that bodes well for the housing market.”

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 users can subscribe to free updates for the reports in which they’re interested.