$275K  
With an identifiable downward trend of new sellers listing homes, including one over the last 30 days, and sales that rose to one in that same time frame, the Stephens City market will be less selective. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Stephens City is still a definite buyer's market, due to the availability of 17 months of remaining inventory, even after the uptick in sales.
Comments:

Stephens City is an average-sized city in Virginia with 1,829 residents. Also, it has an average density with 766.3 people per square mile. Stephens City is an area where 48.3% of the homes are owned, while 40.7% are rented. Heading the list of top schools in the city is Bass-Hoover Elementary School.
Comments:

$280K  
The Stephens City market reported zero sales over the last 30 days. Stephens City usually averages 2.5 sales per month.
Comments:

$200K  
The number of price cuts in the Stephens City market climbed to six over the last 30 days, furthering an identifiable positive trend. Despite drops in list prices, sales also decreased to one home sold. Prices are falling in Stephens City, and this period the median price of all sales fell from $144,500 to $102,000. With decreasing sales and the availability of 12 months of inventory, Stephens City is a solid buyer's market.
Comments:

$289K  
Fewer sellers put their homes up for sale in the Stephens City market over the last 30 days and the number of new listings plummeted this week to one. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price in Stephens City stayed put this week at $144,500.
Comments:

$122K  
Sales numbers in the Stephens City market remain the same with two homes sold over the last 30 days and the market still shows an established trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Pricing in Stephens City remains consistent from last week to this week, with the median sales price at $144,500 again. Stephens City is a definite buyer's market, due to a downward trend in sales numbers and seven months of inventory remaining.
Comments:

$122K  
A five-week downturn in sales was extended when the Stephens City market saw one more home change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since February at five. When comparing other close-by municipalities within the same period, the most came from Winchester with 20 price reductions. The median sales price of all transactions in Stephens City did not budge this week, remaining at $187,000. Stephens City is a definite buyer's market, due to a big 14 months of inventory left and aided by the dip in sales.
Comments:

Stephens City is much older than the rest of Virginia, with a median age of 34. It's somewhat affluent as well, with a median income of $54,116 per household. Detached homes account for 67% of the area's current housing market. Topping the list of best schools in the city is Bass-Hoover Elementary School.
Comments:

$290K  
Over the last 30 days, the Stephens City market showed strong improvement with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, nearby Winchester had 40 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Stephens City, with the median for this period rising from $184,749 to $187,000.
Comments:

$295K  
The Stephens City market saw sales remain flat this week with two homes sold over the last 30 days but new listings fell to two. The median sales price in Stephens City stayed put this week at $184,749.
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Ask a local expert about this area:
ERA Oakcrest Realty, Inc.
Snapped 10 homes in this area
Avery-Hess, REALTORS
Snapped 1 home in this area

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