AveryHess, Realtors® Blog

Manassas Park, VA Market Report – 10/19/09

The following statistics represent the market conditions in Manassas Park, Virginia for the month of September, 2009:

  • New listings: 37
  • Closed sales: 38
  • Median sales price: $144,500
  • Average DOM: 63

Year-to-date,  Manassas Park has had 385 new listings, a total that is down almost 47% from last year. On the other hand, closed sales have actually increased by almost two percent, and the median sales price has risen one percentage point.  Properties are being sold for a little more than 96% of the original property list list price, up by 6% from last year.  Also, the average days on the market (DOM) has decreased by 28%.

Manassas Park is an independent city that is located between the City of Manassas and Prince William County in Northern Virginia. The city is close to Route 28 and I-66, granting easy access to Fairfax and areas north.  Manassas Park is also very close to the Prince William County Parkway, providing access to Woodbridge, I-95 and points south.  New construction within the city now offers luxury apartments and condos, town center style shopping, and new retail stores–allowing Manassas Park to feature the latest attractions, yet maintain a small town feel.

Market data and commentary provided by Steve Mayes, Managing Broker, Avery-Hess, Realtors.

Search for homes in Manassas Park, and all the DC Metro: www.averyhess.com

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