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Real Estate Market Statistics for Prince William County, VA - December 2011

By
Real Estate Agent with United Real Estate 0225188657

Two keys points in summarizing the real estate market activity across Prince William county for December 2011:

 

* Average days on the market (DOM) is up 25% year over year.  In December 2010 the average DOM was 48 and in December 2011 that has increased to 60.  If you plan to put your home on the market soon, keep in mind the average DOM is 60 and you will want to price your property accurately so buyers will have more reasons to send you an offer over your competition.  

 

* Average sales price is down .73% year over year.  There is a lot of competition with existing resale homes and brand new homes. 

 

Zip code specific details are posted in the RBI reports located here -  http://www.rbintel.com/statistics/prince-william-county-va