Culpeper Average Sales Price Continue To Rise

Culpeper Average Sales Price Continue To Rise

Despite a slight drop in the 1st Quarter of 2016, sales prices in our county continue to trend upward.  With an average sales price of over $250,000 in the 1st quarter, I expect the market to correct upwards.  The 1st quarter (Jan-Mar) was plagued with bad weather and generally slow conditions, but we have been experiencing a robust 2nd quarter so far.

Interestingly, average sale price for 4 bedroom homes continue to bring more demand and better pricing.  Homeowners with "loft" type rooms or open spaces on the 2nd level should consider turning that space into a 4th bedroom.  Consulting a few contractors for estimates always makes sense and can be a wise investment.

If you're looking to buy or sell, call me (540-718-6609) if you'd like more information or discuss your particular situation.

Mike Butters Headshot
Phone: 540-718-6609
Dated: April 30th 2016
Views: 229
About Mike: Mike is one of the owners and Associate Broker of EXIT Cornerstone Realty, located in Culpeper Virgi...

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EXIT Cornerstone Realty
609 S. Main St.
Culpeper, VA