Special offer

Prince William County Real Estate Report August 2016

By
Real Estate Agent with RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax

 

Prince William County realtors

 

The median home price in Prince William county has risen $100,000 from the market bottom of first quarter 2009.

The relatively low Inventory of homes for sale and good interest rates have been the catalysts in the 5 year rise. However, December inventories are higher than normal and may signal a slowdown in price rise and speed of sale.

Draw your own conclusions from the graph below which shows the 5 year history of # of homes for sale by month.

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

 

  

 

Prince William County realtors   

Below is the 10 year median price trend for Prince William which mirrors that of all NOVA counties.

The market bottomed in early 2009 and has been recovering a significant amount of the equity loss from the freakish never before seen price highs of 2005.

 

 

---------------------------------------------------------------------------------------------------------------------------------------------------------------

 

 

The number of days that it takes to get a winning contract is hovering around  41 days through June 2016.

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

 

 

 

 

Prince William County realtors

 

As always, the strong economy of our area has cushioned us from the worst.

Well priced homes under $300k in good locations and in good condition have been getting contracts quickly.

 

Upper end properties ...above $600k, have slowed since July 1 throughout Northern VA but that is a seasonal norm as folks leave town for vacations before school starts up in Septemeber.

 

 

 Prince William County realtors

If you need information on new homes or any other area of real estate, drop us a line.

We will do our best to get you what you need.

 

 

 

 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------

 

 

 

Loudoun and Fairfax county real estate agents Jan and Steve Bachman

 

 

 Moving to Northern Virginia? Not familiar with the area?

We are more than traffic and a great job market.

 

Below is a link to a photo tour of typical home styles and our countryside
yside: 
http://video214.com/play/ngb0RJKin5pR3jr2CUotnw/s/dark

 

Prince William County real estate agents, homes for sale in Prince William VA , Townhouses for sale in Prince William, Listing Agents, condos for sale in Prince William, new homes, buyer's agents, Realtors in Prince William

 

 


by Steve Bachman

 

 

Posted by

 

Why pay more and get less when selling your home? Jan and Steve Bachman of RE/MAX Gateway use professional photographers, create interactive photo floor plans, print full color brochures, and make an individual property website for your listing that goes out to 40+ public real estate search sites including Realtor.com, Trulia, Zillow etc.

 

We also create a custom photo tour that is sent to other agents and prospective buyers.

 

--------------------------------------------------------------------------------------------------

RE/MAX Hall of Fame, Platinum Club, A Washingtonian Magazine Top Agent 2018

Happy to Help. No Hassle, No Pressure.

Jan and Steve Bachman are full time Realtors® with RE/MAX, specializing in Homes for Sale in Fairfax, Loudoun, Prince William and Arlington Counties.

    

 

Our 3 rescue dogs have been GREAT! Go get a couple.

Comments (1)

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Values nation wide have gone up in recent years...good news for many

Aug 05, 2016 03:39 AM