Prince William Real Estate Report for December 2009 Home Sales in Prince William Virginia Still Saw Homes Sold Drop of 20% Compared to Same Sale Period December 2005, and a 22.04% Decrease Over Last Year!
The Prince William Virginia Homes Price Average of Homes Sold is Still moving higher to an average sales price of $259,985 which is a 22.40 % increase over last December's average sales price of $212,403. Much lower inventory and low mortgage rates are pushing the increase of price. There are also less quality foreclosures and bank owned properties than a year ago. Personally, I would have assumed the the homes sold increased because of the tax credit, but that is not the case since it was renewed and expanded.
This real estate report shows - that a 5 year comparison of average Prince William homes sold chart based on MRIS Data*. It was created to allow better comprehension of Prince William Virginia Homes sales price trends. The Prince William Real Estate market has changed and we all need to know what is occurring.
A 43.31% drop in the average sales price of homes in Prince William that sold as compared to December 2005.