You want to buy or sell a house in Woodbridge Virginia, or elswhere in Prince William County.
You have been watching recent sales in your area. You know what houses have been listed for, and you even know the sales prices of some of those houses.
Here is a matrix showing recent sales by price and category of houses.
| Prince William County, VA | |||
| Single Family under $500K | $379,800 | $389,950 | 77 / 87 |
| Single Family over $500K | $699,829 | $607,905 | 109 / 100 |
| Condo/Townhome under $300K | $231,856 | $235,000 | 71 / 86 |
| Condo/Townhome over $300K | $358,115 | $343,900 | 77 / 99 |
Obviously this paints the market with a broad brush because it only looks at two price ranges, below and above $500,000 for single family houses, and below and above $300,000 for townhouses/condos. You get the broad overview of the market.
The market in Prince William County and Woodbridge is a healthy market. Homes that are priced AT the market are selling in days. Home buyers are educated about the market prices. Buyers are bypassing overpriced houses completely. They aren't even making offers because they don't want to deal with a seller who has a starting price that is so far out of the realm of possibility.
Sellers, you have to price your house AT THE MARKET if you want to sell your house. If you over-price your house, it will just sit, unsold, and rack up days on market. Also, if you have a funky old kitchen, and original baths, and you've been thinking about updating them with new cabinets, new appliances, new floors, new fixtures, and new lighting, now is a good time to do so. You can invest $30,000 in your house, and typically get dollar-for-dollar return on your money. Talk with your REALTOR first to find out what homes in your neighborhood have sold for with and with without updates.
Buyers, there are plenty of homes priced at the market from which you can choose. Don't discount houses that are 15, 20, or 30 years-old. Look at the remarks for comments such ask, "updated", or "upgraded", "new kitchen with granite counters, stainless steel, tile floors and backsplash". Sellers are updating their homes to make them more functional to live with, which makes them more appealing when they sell them.
If you are ready to buy or sell a house in Prince William, text or call Erick Blackwelder now at 703-677-1120 for a free, no obligation, over the phone evaluation of your situation.
You may also start an email conversation with Erick at his website.
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