Real Estate Market Update for May 2012 Prince William County

Real Estate Market Update May 2012 for Prince William County, Manassas City & Manassas Park

There are currently 1,203 homes actively available for sale in Prince William County. This is a slight increase over the last few months and a good thing for those serious home buyers.Manassas City has 78 homes for sale and Manassas Park has 22 homes.

Of the 1.203 homes for sale in Prince William County, Manassas City and Manassas Park only 60 are marked as foreclosures, less that one half a percent of the entire inventory. The number of short sales has decrease as well. Currently there are 131 marked as short sales or approximately 10% of the entire inventory.

All area's are showing an increase of average sale price month over month and a decrease of days on the market.  The average list price to sold price is holding strong. It is now averaging from 97.7%-98.83%,  up from months past.

The grapgh's below break's out Prince William County, Manassas City & Manassas Park giving you a snap shot of how many homes have sold in the month of May 2012. Keep in mind that this may not be reflective of prices in your specific neighborhood, as that would require a more detailed report. The graphs are provided by Real Estate Business Intelligence.Real Estate Market Update May 2012

Real Estate Market Update May 2012 manassas city

Real Estate Market Update May 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

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Comment balloon 0 commentsSusan Jacobs • June 11 2012 02:46PM
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