The number of homes sold in Page County in June of 2013 as compared to June of 2012 is basically the same, however the amount of days on the market dropped significantly from 252 days last year to 148 days this year! This is a clear indication that the market has improved! There is much more demand.
The interest rates were at historical lows as well, this helped Buyers jump off the fence in June.
The average sold prices did not reflect an increase, however the median sold price for Page County increased by 36%!
With the average price in Page County being only $184,000, it is a very affordable location for first time home buyers! There are no money down programs for qualified home buyers that make it possible to own for less than renting in Page!
It is a wonderful place to call home, nestled between the picturesque Blue Ridge and Massanutten Mountains. Page offers a high-quality educational system; inexpensive cost of living and doing business; friendly, quiet community; and has a scenic and unspoiled environment. A great place to buy a home!
Market data and commentary provided by Tracy Wenger, Manager of the Front Royal Office, Avery-Hess, Realtors.