December 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park

December 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park

December has proven to be a very busy month in real estate. There were 479 happy sellers and buyers in the month of December that is 27 more than the prior month. Sale prices ranges from $69,900 - $1,130,000. The average sold price is $309,292. Even though the inventory of homes for sale continues to drop sales have continue to increase.

We currently have 896 homes for sale in all of Prince William County, Manassas City and Manassas Park, 63 fewer homes than in the month of November. Of those 896 homes for sale 48 are in Manassas City and 18 in Manassas Park. 

Foreclosures, Bank Owned and Short Sales have also continued to decline as well. Currently there are 60 Foreclosured or  Bank Owned homes ranging in price from $74,900-$549,000 and 78 Short Sales in all of Prince William County, Manassas City and Manassas Park.

The real estate market has shown a slow but steady increase. In my December 2011 Real Estate Market Update the average sold price was $260,997, one year later there is an 18.5% increase to $309,292.  Based on the low inventory and the continue growth 2013 should continue on the same uphill path.

The grahps below break out the real estate market for Prince William County, Manassas City and Manassas Park giving you a snap shot of how many homes sold in the month of November. This information may not be reflective of homes in your specific neighborhood as that would require a more detailed report. The graph's are provided by RBI (Real Estate Business Intelligence).

Real Estate Market Update for November 2012

December 2012 Real Estate Market Update for Bristow, VA 20136

December 2012 Real Estate Market Update for Gainesville and Haymarket Va 20155, 20169

Real Estate Market Update december 2012 prince william county

Real Estate Market Update december 2012 manassas city

Real Estate Market Update december 2012 manassas park

Looking for information on real estate in Prince William County, Manassas or Manassas Park check out www.PrinceWilliamCountyHomeInfo.com

Whether you are a first time buyer or an experienced investor, you will find useful information about how to choose the "right" property, making an offer, negotiating, financing, mortgage rates, moving, and everything involved in making an informed real estate decision in today´s market.

"Your One Stop Shop for Real Estate Information!"

Susan Jacobs
703-347-4418
Associate Broker

Re/Max Gateway

Home4Sale@mris.com

www.PrinceWilliamHomeInfo.com

Search Homes For Sale

https://www.facebook.com/SusanJacobsTeam/TWITTERRSS FEEDYOU TUBERe/Max Gateway

Comment balloon 0 commentsSusan Jacobs • January 17 2013 11:06AM
December 2012 Real Estate Market Update for Prince William County,…
share
December 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park December has proven to be a very busy month in real estate. There were 479 happy sellers and buyers in the month of December that is 27 more… more
5 Things To Help Make The Move Hassle Free
share
Selling or Buying a home can be a very exciting yet a stressful event. Working from a check list helps to keep things organized and on schedule. While you are waiting for settlement day here is 5 things you can do to make the move… more
November 2012 Real Estate Market Update for Bristow VA 20136
share
November 2012 Real Estate Market Update for Bristow VA 20136 The Bristow real estate market has been holding strong for sellers. There was a 13. 16% increase in the average sold price of single family homes year over year. Inventory dipped… more
November 2012 Real Estate Market Update for Prince William, Manassas,…
share
November 2012 Real Estate Market Update for Prince William, Manassas, Manassas Park November 2012 continues the downward trend with inventory. There is currently 933 homes for sale to include all of Prince William County, Manassas City and… more
Homes For Sale in Hunters Ridge Subdivision in Manassas VA
share
Homes For Sale in Hunters Ridge Subdivision in Manassas VA The Hunters Ridge Subdivision is a neighborhood of 83 custom built single family homes. These homes are located on a 1-2. 38 acre lot. Lots vary from very wooded to partial wooded… more
Manassas Christmas Parade
share
Manassas Christmas Parade 2012 The weather was perfect for the 67 Annual Greater Manassas Christmas Parade, considering it was December. Not always the case. When our daughter was young the Manassas Christmas Parade was an annual family event… more
Homes For Sale Over $1, 000, 000 in Prince William County
share
There are 19 homes for sale over $1, 000, 000 in Prince William County. The highest price home is $5, 400, 000. This 9, 000+ square foot home is sited on a 38 acre waterfront lot on the Occoquan. Per the remarks in the MLS it has a peaceful scenic view… more
October 2012 Real Estate Market Update for Bristow VA
share
October 2012 Real Estate Market Update for Bristow VA October was a busy month for real estate in the Bristow area. The Bristow area seen a 70. 22% change in sold volume year over year as well and the average sold price was up 5. 27%. Great news… more
October 2012 Real Estate Market Update for Prince William County,…
share
October 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park There is currently a total of 1, 064 homes for sale in Prince William County, Manassas City and Manassas Park. That is 54 fewer homes than… more
PW Chamber Women's Leadership Conference 2012
share
Prince William Chamber of Commerce 2nd Annual Women's Leadership Conference 2012 If you live in Prince William County or the Northern Virginia area you will want to attend this years PW Chamber Women's Leadership Conference. This is the only… more