I subscribe to interactive graphs from our MLS that offer me a broad range of statistical information - I am not at liberty to alter the numbers to suit my purposes.
The first chart shows the median sold price for all home types across all price ranges over the past 12 months throughout Prince William County. It was $254,500 in September 2011 and has risen steadily to $275,500 in August 2012 - an 8% increase!!. The dollar average is not the issue as everyone understands there is a wide range of prices in Prince William County.
Yes, there are areas where the percentage increase may be incorrect, but the overwhelming evidence supports an upward trend is in motion in Prince William County.
This second chart measures available inventory levels of six price points across all home types (condos, detached and town homes). Every single one of them is showing an inventory decline over the past 12 months.
The largest is 35% in the $200 to $300K price range while the lowest is 16% in the $400 to $500K range.
Interest rates are at historically low levels - there could not be a better time to purchase a home as an investment in addition o the flexibility of decorating and life style opportunities that home ownership offers.
You will be best served by a REALTOR® with the tools and experience to guide you through the process. The Kruschkas are long term Prince William County residents with 36 years experience as real estate brokers serving Woodbridge, Manassas, Dumfries, Manassas Park, Bristow, Brentsville, Gainesville and Haymarket.
Experience Isn’t Expensive – It’s PRICELESS
If you plan to buy a Prince William County home or property contact Karen and Art by Email or call us at 703-499-9279. Put our record of customer service, real estate experience and state-of-the-art technology to work for you in Alexandria, Arlington County, Fairfax County, Prince William County, Stafford County or the entire Northern Virginia Area.