Real Estate Market Insights for February 2012

March 12, 2012 By

Compliments of Real Estate Business Intelligence (RBI).

So, how’s the market doing in Prince William County? The number of new listings is up, the number of closed sales is up, and the median sold price is up year over year. Sounds like the sellers have some good news.

Buyers, check out the Average Sold to OLP (Original List Price) Ratio. It is 95.7%. This tells us that on average sellers are receiving 95.7% of their asking price. When writing an offer, make sure your agent takes this into account. There might be some negotiating room between what the seller is hoping to get for the home.

Prince William County, VA Real Estate Market Statistics for February 2012

Prince William County, VA Real Estate Market Statistics for February 2012

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Northern Virginia Market Statistics

February 28, 2012 By

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Prince William County, VA – January 2012 Market Statistics

February 19, 2012 By
Prince William County, VA Real Estate Market Statistics for January 2012

Prince William County, VA Real Estate Market Statistics for January 2012

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Real Estate Market Statistics for Prince William County, VA

January 11, 2012 By

Two keys points in summarizing the real estate market activity across Prince William county for December 2011:

* Average days on the market (DOM) is up 25% year over year. In December 2010 the average DOM was 48 and in December 2011 that has increased to 60. If you plan to put your home on the market soon, keep in mind the average DOM is 60 and you will want to price your property accurately so buyers will have more reasons to send you an offer over your competition.

* Average sales price is down .73% year over year. There is a lot of competition with existing resale homes and brand new homes.

Zip code specific details are posted in the RBI reports located here –

Real Estate Market Statistics for Prince William County, VA | RBI.

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Home Sales Report

December 20, 2011 By

Stability is returning to Virginia housing market. View the link below to see the report.

VAR Home Sales Report.

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Real Estate Market Trend Report

July 25, 2010 By

Covers Prince William County/City of Manassas/City of Manassas Park thru June 2010.

See chart here:

http://images.magnetmail.net/images/clients/PWAR/attach/Marketstats610.pdf

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2009 Virginia Homes Sales Data

February 1, 2010 By

Summary of VA Statewide Stats 2009 verse 2008:

  • Existing home sales were higher verse 2008.  First increase we’ve seen since 2005.
  • Monthly sales are up in the last 5 months of 2009 verse 2008.
  • Median home prices and new home sales were down in 2009 verse 2008.

Local county real estate statistics will differ from the statewide results.

Additional details via 2009 Virginia Homes Sales Data Now Available | Virginia Homeowners Alliance.

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