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Real Estate Market Trends For Manassas 20112 as of August 2013

By
Real Estate Agent with RE/MAX Executives

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The two interactive graphs below are updated automatically monthly and reflect real estate market conditions in popular Manassas ZIP 20112 subdivisions such as



 

 

Active Listings 

There are no appreciable number of town homes and conrominiums in Manassas 20112. After a one month drop the number of active listings increased



Sold Listings

Similarly, the number of homes sold increased after a one month decline

 

 



Median Sale Price

The drop in median sold prices for the month of August was fairly significant

  

 



Observation

  •  Mortgage interest rates have trended upward in the past several months.  Although the increases were minor they appear to have not had an impact on the higher priced homes in Manassas 20112
  • Increased inventory levels would 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 Manassas 20112

 

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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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David Saks
Memphis, TN
Broker / Industry Analyst

Great info. Thanks for sharing. Hopes for your continued success.

Sep 14, 2013 09:54 PM
Gary Frimann CRS, GRI, SRES, ABR, SFR
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker, Notary

Thanks for sharing the market data from your area.  One of the best parts of AR, I think, is that I get to see how other markets around the state and country are doing.

Sep 17, 2013 08:32 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

David  Thank you for your visit

Sep 17, 2013 08:56 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Gary  There is no doubt about that

Sep 17, 2013 08:57 AM