Potomac Shores in Dumfries, Virginia is proving to be a top-rated home buyer destination as the spring market heats up in Prince William County, Virginia. Buyers are finding the builders are now quoting September/October deliveries which can be too late for those tied to the school schedule.
So what are your options if you need something this summer?
Presently there are only three immediate delivery new single-family homes available. Priced at $528,900, $609,000 and $749,990. Once that $528,900 home sells I think the lowest priced single family will now be $550,000+. Resale Activity has picked up in the last few weeks. A total of 27 homes are now available to see below. The stats and represents a 50% increase over 2018. Also, the sales prices for single-family homes are starting to trend up.
Spring 2019 Stats
- 5 Resale single-family homes have gone under contract since Feb 1st.
- 10 Single Family Resales are active on the MLS priced from $559,900 to $849,900
- 2 Coming Soon individual family home listing (one not listed in MLS)from $585,000
- There are four townhomes available two new and two resales priced from $454,990
How does this compare to 2018 Sales
To give you some perspective in 2018 Potomac Shores the builders still had plenty of inventory that the resales were competing against and also townhomes had just become an option in the community. You could still get a single family home for under $525,000 but those days are gone!
14 resales closed from $525,00 to $730,000.
Data from Bright MLS
The community is now five and a half years old and has sold over 900 homes. The resale turnover is very low for the size of the neighborhood. It is also important to point out at least six homeowners who either listed their homes for sale or rent in the past year have purchased another home within Potomac Shores!
Thinking about Renting in Potomac Shores?
In 2018 there were a total of nine homes that came up for rent.
In 2019 we have had nine rental opportunities as of this blog post there are only two available. I do have a new villa that will be available for rent in August if you are looking for a later date. The home featured in this blog post is for lease on Silver Arrow Drive for $3600.00.
Ryan homes have only a few lots remaining to build a single family home. I feel confident they will be sold out by mid-summer. Brookfield has some lovely lots still available, and they are selling very fast. The next two builders Beazer and Drees have been announced, and both will be building townhomes and villas in late 2019 and 2020.
So single-family resale homes sales are heating up this spring, and I expect it will remain that way for the foreseeable future. If you are a buyer looking at the community and need or want more information, please message us. If you are a seller thinking of selling, we would be honored to offer assistance. Let’s talk or click to here to see all Potomac Shores homes available now.
I specialize in Potomac Shores if you don't see what you are looking for message me. I know of many homes coming on the market this year. I live in the community and typically can respond very quickly text me at 703-801-9367.
If you are currently working with a REALTOR ®, this is not a solicitation.