HOME BUYERS in NORTHERN VIRGINIA ARE WAITING FOR PRICES TO COME DOWN. 

Prices for homes in Prince Willaim County VA are down.  Prices have been reduced dramatically. 

Bristow * Dale City * Dumfries * Gainesville * Haymarket 

Manassas * Nokesville * Triangle * Woodbridge

  • The average price for a home SOLD in Prince William County in September 2007 was $370,506. 
  • The average price for a home SOLD in Prince William County in September 2008 was $230,999.
  • The average rental unit in Prince William County in September 2008 was rented for $1694 a month.
  • $1696 a month will pay the mortgage payment for a home in the $250,000 price range.

HOME OWNERS ARE NOT PAYING ANY MORE FOR THEIR MORTGAGE PAYMENT THAN THEY WOULD PAY FOR RENT. 

Homes in Prince William County

Every day we speak with home buyers interested in knowing, "is it time to buy?" 

  • FACT:  Interest rates are still low for the average price ranges. 
  • FACT:  There are many homes in all price ranges in inventory.
  • FACT:  Foreclosures can be an excellent buy.
  • FACT:  Short Sales can be an excellent buy. 
  • FACT:  Relocation Company owned homes can be an excellent buy. 

HOME BUYERS CAN BUY A HOME RATHER THAN RENTING A HOUSE.  Think of the adventure of painting your bedrooms your favorite colors.  You can plant Mums in the Fall.  You can plant Tulip bulbs for next spring.  The children can be enrolled in school for the long term. 

The average rent in Prince William County is about $1700 per month.  $1700 per month invested in home ownership will buy these homes.  Income needed to buy a home in this price range is about $80,000.

City Zip5 ListPrice   Adv Subdivision BR FB HB # Gar YrBlt
Woodbridge 22193 $249,900   DALE CITY 3 2 1 1 1986
Manassas 20109 $239,000   FAIRMONT 3 2 1 2 1985
Dale City 22193 $249,000   DALE CITY 4 2 0   1985
Triangle 22172 $250,000   FULLER HEIGHTS 3 2 0 2 1988
Click City For Photo                  

EXAMPLES OF HOMES IN PRINCE WILLIAM COUNTY IN PRICE RANGES COMPARABLE TO THE AVERAGE RENTAL.  Click "City" to see the full description.               

          Prince William County VA Map

 

Demographics
--Average Income Families W/Children $83,000

--Average Age 32

--Percent Married 62.4

--Percent With Children 44.9

--Percent High School Graduates 92

--Percent College Graduates 41.8

--Land Area 337.8 sq. mi.

--County Population 350,000

--Population Density Per Sq. Mile 1032

--Population Growth Rate 4.4% (5 years)

 search listingsSEARCH LISTINGSand you can view all active listings offered for sale in the Homesdatabase.com site. Homesdatabase works like the Multiple List System, MLS, works for real estate agents. You can search by location, price, features, style, lot size and more. Enjoy and when you find the homes you'd like to tour, contact us. You can also enter your information for daily updates.  Or E-Mail Lenn Harley.

Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988. 

BUYERS AGENTS helping home buyers find the best home for their money.  There is no fee to our home buyers and all resale homes come with a one year home warranty.           

Homefinders.com We Can Help! 

 
This post has been included in Virginia Information Prince William County, VA Information
Post is included in group: Posts to Localism
Post is included in group: Realtors®
Post is included in group: The Ninety-ninth Percentile

13 Comments on PRINCE WILLIAM COUNTY REAL ESTATE. The real estate market says "It's Time To Buy!"

OCT
21
2008
249,057 Points 2 Featured Posts Localism Sponsor Outside Blog

Lenn - this is a great page for google. If you don't mind, I'll use this for my class on thursday.
6:11pm • #1
835,637 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

Larry.  Thanks.  Be my guest. 
6:16pm • #2
646,757 Points 104 Featured Posts Localism Sponsor Outside Blog Hit Router

Lenn- All your facts are correct for why it is a great time to buy in Prince William County.
6:19pm • #3
147,807 Points 8 Featured Posts Outside Blog

Lenn- I love how you make it a no brainer- to buy versus rent.  It really makes sense!
7:35pm • #4

Lenn- You're a master a making your case in the fewest words with the biggest impact.
7:48pm • #5
374,987 Points 63 Featured Posts Localism Sponsor Outside Blog

Hi Lenn, A wonderful post and one that is right on the money for the buyers in you area as well as around the country.

  • FACT:  Interest rates are still low for the average price ranges. 
  • FACT:  There are many homes in all price ranges in inventory.
  • FACT:  Foreclosures can be an excellent buy.
  • FACT:  Short Sales can be an excellent buy. 
  • FACT:  Relocation Company owned homes can be an excellent buy. 

    •                                                                                    Facts by Lenn Harley

    You have benefited everyone with the concise reasons to proceed. And myself as well as many many others are grateful for your clarity. We can only hope that people will listen to facts. And if they will, the election would turn out OK, as well. Great Post
    9:04pm • #6
    1 Featured Post Outside Blog Hit Router

    Lenn if they don't buy from you after this presentation of the facts..nothing but the facts...they need to take a deep breath, run around the block, and then look at it again! Thanks for the post and the way you presented the facts. Crystal clear.
    11:30pm • #7
    3 Featured Posts Localism Sponsor

    Spread the word Lenn -

    The media hype is killing our industry in the midst of possibly the best time to buy ever. Agree?
    11:33pm • #8
    OCT
    22
    2008
    301,022 Points 15 Featured Posts Localism Sponsor Outside Blog

    Hi Lenn,
    Getting the facts to our Consumer is what we must do to bring them to the closing table and you have done a wonderful job of presenting the facts in a way that all should be able to understand. 
    6:17am • #9
    835,637 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

    Katerina. Let's hope so.  We have a relocating buyer touring PW County today.

    Judy.  It's an important message today with prices like this.

    Matt.  Thanks very much.  I try.

    William.  Fat chance!  We'll see.  No matter, real estate is a good buy today.  We don't know what the future will bring.

    Michael.  Thanks.  I try to offer FACTS to counter the media's negativism.

    Lewis.  I have to problem with providing facts about a bad time to buy.  I did so for two years and only sold new construction because builders cut prices dramatically.  It's now a good time to buy.  Just the facts.

    Cynthis.  Thanks. I surely hope buyers are getting this message.
    6:53am • #10

    Concise, well illustrated and easy to understand. What more could anyone want (or need)?
    9:06am • #11
    OCT
    23
    2008
    600,114 Points 80 Featured Posts Outside Blog

    Lenn you are so right!  Great prices, great opportunites, and great rates!  What would a buyer be waiting for?
    2:35pm • #12
    NOV
    06
    2008
    1 Featured Post Localism Sponsor

    Lenn: Great looking market post, very sharp and very professional.

     

     
    5:17pm • #13

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