Real Estate Market Update May 2012 for Prince William County, Manassas City & Manassas Park
There are currently 1,203 homes actively available for sale in Prince William County. This is a slight increase over the last few months and a good thing for those serious home buyers.Manassas City has 78 homes for sale and Manassas Park has 22 homes.
Of the 1.203 homes for sale in Prince William County, Manassas City and Manassas Park only 60 are marked as foreclosures, less that one half a percent of the entire inventory. The number of short sales has decrease as well. Currently there are 131 marked as short sales or approximately 10% of the entire inventory.
All area's are showing an increase of average sale price month over month and a decrease of days on the market. The average list price to sold price is holding strong. It is now averaging from 97.7%-98.83%, up from months past.
The grapgh's below break's out Prince William County, Manassas City & Manassas Park giving you a snap shot of how many homes have sold in the month of May 2012. Keep in mind that this may not be reflective of prices in your specific neighborhood, as that would require a more detailed report. The graphs are provided by Real Estate Business Intelligence.