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Real Estate Market Trends Woodbridge 22193 as of August 2013

By
Real Estate Agent with RE/MAX Executives

Woodbridge VA Entry


The two interactive graphs below are updated automatically monthly and reflect real estate market conditions in such popular subdivisions as Saratoga Hunt, Winding Creek and Eagles Pointe, in Woodbridge ZIP Code 22193.




 

Active Listings 

Inventory levels of detached homes continues to increase while town homes and condominiums have not changed significantly over the most recent months



Sold Listings

Detached homes sold continues to decline while town home and condominium levels remain unchanged

and 

 

 

 Median Sale Price

Detached home and town home prices appear to have levelled while condominium appear to fluctuate wildly.  However, it must be noted there are very few condominiums in Woodbridge 22193 so the swings are meanintgless

  

 

 Observation

  •  Mortgage interest rates have trended upward in the past several months.  Although the increases were minor they appear to have had an impact on homes sold
  • The increased inventory levels should give buyers more home choices
  • Increased inventory levels should prevent unreasonable price increases that would have a negative effect on a recovering real estate market in Woodbridge 22193

 

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The Kruschkas are long term Prince William County residents with more than 30 years experience as real estate professionals serving Woodbridge, Manassas, Dumfries, Manassas Park, Bristow, Brentsville, Gainesville and Haymarket

Our Experience Isn’t Expensive – It’s PRICELESS

If you plan to buy or sell 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.

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For homes in eastern Prince William County see Ashland, Brittany, Eagles Pointe, Lake Ridge, Lake Terrapin. Lynnwood, Meadowbrook Woods, Montclair, Old Bridge Estates, Port Potomac, Port Potomac Homes For Sale Updated Hourly , Potomac Club, River Falls, Rollingwood Village, Saratoga Hunt, Wellington, Westridge and Winding Creek Estates

For Springfield area homes see Cardinal Forest, Cardinal Forest Condominiums, Charlestown, Daventry, Greentree Village, Kings Park, Newington Forest, Orange Hunt Estates, Rolling Valley, Saratoga, West Springfield Village and Winter Forest

Comments(4)

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Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Karen, as the second graph illustrates, a nice, steady sustainable increase in values.  A great sign for your Woodbridge 22193 real estate market. 

Sep 14, 2013 03:46 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Juli  Overall, our market is very healthy

Sep 14, 2013 03:50 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Interesting we are now starting to get inventory but that does slow down the price growth.

Sep 14, 2013 05:09 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Mark  we don't need a repeat of the last debacle

Sep 14, 2013 08:25 AM