Northern Virginia MarketWatch for September 2012 by RBI

Northern Virginia continues to have strong job growth. The unemployment rate in Northern Virginia is 4.2%. Continued drops in the unemployment rate is good news that more people are finding jobs. National housing market continues to show signs of improvement.  The median sales price rose slightly up 5.7% at this same time last year. There is a low inventory of listings and that has kept prices steady. The days on market has dropped from this … [Read more...]

Real Estate Market Insights for February 2012

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 … [Read more...]

Home Sales Report

Stability is returning to Virginia housing market. View the link below to see the report. VAR Home Sales Report. … [Read more...]

Real Estate Market Trend Report

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 … [Read more...]

2009 Virginia Homes Sales Data

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. … [Read more...]