December 2012 Real Estate Market Update for Gainesville and Haymarket
In the Gainesville and Haymarket area there are 199 homes for sale. There are 132 re-sale homes and 66 new construction. A few of the neighborhood in Gainesville and Haymarket area would be Broad Run, Lake Manassas, Virginia Oaks, Dominion Valley, Piedmont, Saranac, Somerset Crossing along with two active adult community's Heritage Hunt and Regency at Dominion Valley.
Resale homes are priced from $215,900 for a three level townhouse with 3 bedrooms and two and half baths in the Crossroad Village neighborhood to $3,500,000 for a Cira 1870 farmhouse on 191 acres in Greenwood Farms.
Base prices for new construction starts at $238,990 for a 1 level condo with two bedrooms two baths and a one car garage in the Somerset Crossing neighborhood. The most expensive new construction can be found at Saranac. A single family home on a half acre lot with five bedrooms five bathrooms and three car garage. The base price starts at 1,200,000.
In the month of December 73 resale homes sold. Prices where from $183,900 for a condo at Parks of Piedmont to $1,199,000 for a single family at Bull Run Country Club.
The month of December the average sold price in Haymarket, 20169 zip code increased 5.5% year of year. Gainesville, zip code 20155 showed a small decline of .59%. Inventory in both areas as well as of all of Northern Virginia is below the normal average for this time of the year, with less that a two month supply.
The grahp's below break out the real estate market for Bristow, 20136 zip code giving you a snap shot of how many homes sold in the month of December. 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.