Page County Market Report –1/14/13

14 Jan
January 14, 2013

The average sales price of homes being sold in Page County was $151,600 in November 2012, this is down from a year ago. One reason for the price decrease is that the inventory in Page county has recently doubled!

More choices for Buyers means lower Prices for Sellers.  The average days on market has also increased. Unlike the neighboring County of Warren where prices are on the rise, Page County is proving to be a very affordable option for first time Home Buyers especially. The low home prices combined with the historically low interest rates in the 3% range make this a great time to buy!

 

Page County is an example of an area where Buyers can take advantage of the VHDA loan program as well as the USDA loan program, both of these loan programs offer qualified Buyers a no money down option.

Page is the heart of the Beautiful Shenandoah Valley, it is the home of the world famous Luray Caverns and the central entry point of the Shenandoah National Park. It is also where you can enjoy a day on the scenic Skyline Drive. Less than two hours from Washington DC, and just over an hour from Dulles International Airport it is a reasonable location for those working in Prince William or Fairfax County, the Shenandoah Valley Commuter Bus is a great option for Commuting. Page County has so much to offer, the Parks, the Mountains, the small towns of Luray and Stanley and very affordable housing too!

Information obtained from statistics supplied by Metropolitan Regional Information Systems, and analysis and comment by Tracy Wenger, Sales Manager at the Avery Hess, Realtors Front Royal Office

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