Real Estate Market Update March 2012 for Prince William County, Manassas City & Manassas Park
Manassas City medium sold price in the month of March is $220,000, this is a 37.5% increase over last year. Prince William County showed a 20% increase while Manassas Park came it with a 14.68% increase over last year.
Even with the low inventory Prince William County and Manassas City showed an increase in the number of properties sold. This is the being of a good spring market with all signs that the real estate market is starting to recover.
In March there was 1269 home for sale and 488 sold. In my February Real Estate Market Update I reported there was 1224 homes for sale and 427 that had sold.
The grapgh's below break out the various area's within the county, giving you a snap shot of how many homes are for sale, under contract and sold in the month of March 2012. This may not be reflective of prices in your specific neighborhood. Information is provided by Real Estate Business Intelligence.