Prince William Virginia Real Estate Market Report - July 2008 for Prince William Real Estate. Prince William Virginia Homes sales real estate market report from MRIS our MLS was just released August 10, 2008 and it includes statistics for Prince William Homes Sold in July 2008 as compared to same time frames in July 2005-2008. These Prince William real estate homes sales reports are always very insightful to determine sales and marketing trends.
To better explain what is happening in our Prince William real estate market...I created a comparative chart of homes in Prince William Virginia sold over the same period in July 2005-2008. In July 2008 there were 866 home sold in Prince William Virginia. Again this is a sharp contrast to the peak in Prince William homes sales in July of 2005 in Prince William when the sold homes in Prince William were 1140 homes sold. So in comparison to that peak, that is a 24% drop in homes in Prince William sold from the peak sales in July 2005, but an incredible 107% increase over July 2007 sales! That was due to a major drop in the average sales price taking a major drop in Prince William Homes sales. However the good news is that Prince William real estate sales increased from 418 homes sales in July 2007. That is a 107% increase in Prince William homes sold! Homes correctly priced are selling!
MRIS DATA August 10, 2008 <$100K to >$5M Format
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