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 slightly lower again this month with a total of 55 homes for sale. Of the 55 homes 33 are re-sale and 22 are new construction priced from $250,000 to $599,900.
The low inventory along with low interest rates has made for a GREAT SELLERS MARKET! The entire county of Prince William has seen a year over year increase in the average sold price. Manassas City has seen the largest increase of 20.96%. Manassas Park has seen the average sale to average list price increased 93.98% to 99.1%.
The grahps below break out the real estate market for Bristow 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).
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.