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Is it a sellers Market in Paradise Manassas VA?

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Education & Training with Realtor and Title Settlement Agent Virginia TPL# 881790

Is it a sellers Market in Paradise Manassas VA?

In Manassas there was an increase of 16% total homes sold for the month of March compared to February. Also a 10% increase in number of homes sold from March 2012.

Under Contract Paradise Manassas VA:

 

under contract paradise manassas va

 

 

 

 

 

 

However new listings have decreased by 4% and the number of contracts to buy a house is on the rise 13% higher than March of 2012.

Inventory remains low, only 1.8 months supply, almost 50% less than last year in March.  The buyers are ready and waiting.  Most sellers are receiving multiple offers some over asking price.  If sellers have equity more than likely they will not have to give any money towards buyers closing cost.

 

Sold in Paradise Manassas VA:

 sold paradise manassas va

 

Can you answer the question?

Is it a sellers Market in Paradise Manassas VA?

Here are the current homes sales in Paradise Manassas VA.

Here are homes for sale near Paradise Manassas VA.

Posted by

Thank you for reading this post. Misstie Pollard is a Realtor® Licensed in Virginia with Long & Foster Realtors. Misstie is also a Mobile Loan Closer with a title producers license in Virginia, her company is Capturing Signatures LLC.

She is anask meAmbassador; which provides Misstie with tools to assist consumers with deciding when is the right time to buy, sell, refinance, or rent a home in Northern Virginia.  Please contact Misstie regarding the local Northern VA Housing Market.

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Kathy Stoltman
Ventura, CA
RETIRED

Misstie, here locally we are in a sellers market as well.  I love the home prices in your area.

Apr 26, 2013 09:05 AM
Misstie Pollard
Realtor and Title Settlement Agent - McLean, VA
Answering Northern VA Real Estate Questions.
Thanks Kathy for your comments.
Apr 27, 2013 06:32 AM