The most recent Prince William VA homes sales statistics were just released on December 10, 2009 for our MRIS (MLS system)and I decided to graph out and see what cities are selling the most homes in Prince William County VA! Since so much o real estate is driven by location I think this is a very relevant report for Prince William County. These are the homes sold in Prince William VA by the MLS listed city!*

I broke down the Prince William VA homes sales of single family detached homes - fee simple and here is what sold in the month of November 2009 (11/1 - 11/30/2009) and noted where were they selling.  For this real estate trends sheet, I used single-family detached, fee simple homes for sale in Prince William for the month of November 2009. Homes for sale in Woodbridge VA outsold any other area in Prince William County.  There were no sales in September for Fee Simple Detached homes in Noakesvilles, Manassas City, or Occoquan areas.

*Please note, these are just the city entered in the MRIS.

 PRINCE WILLIAM HOMES SALE BY LISTED CITY 

The real estate report below shows a YTD comparison of average Prince William VA homes sold chart based on MRIS Data*.  The Prince William Real Estate market has changed and we all need to know what is occurring.

There is a 22.04% decrease in the number of homes in Prince William VA that sold as compared to September 2008. In sales of homes in Prince William  the List price / Sales Price ratio of 96.43% shows a clear improvement but that we are still clearly in a buyers market.  Sellers are not getting what they are asking for in their original list price.  So there is still alittle give and take in what a home actually is selling for if we keep in mind the seller's contributions to make the deal go through. 

Prince William Virginia Still Saw Homes Sold Drop of 20% Compared to Same Sale Period November 2005, and a 22.04% Decrease Over Last Year! Prince William Virginia Homes Price Average of Homes Sold is Still moving higher to an average sales price of $ 251,615 which is a 13.59 % increase over last November's average sales price of $221,504.   Much lower inventory and low mortgage rates are pushing the increase of price.  There are also less foreclosures and bank owned properties than a year ago.  Personally, I would have assumed the the homes sold increased because of the tax credit, but that is not the case.

This real estate report shows - that a 5 year comparison of average Prince William homes sold chart based on MRIS Data*.  It was created to allow better comprehension of Prince William Virginia Homes sales price trends. The Prince William Real Estate market has changed and we all need to know what is occurring. 

A 22.04% drop in the numbers of homes in Prince William that sold as compared to November 2008.