Prince William County, VA Market Report – 1/28/10

29 Jan
January 29, 2010

Prince William County borders Stafford, Fairfax, and Fauquier Counties and has Virginia Route 28, US Route 29, I-66 and I-95 going through it, making it a easy commute to points north and south.  PW County has a nice mix of rural settings, historical areas, waterscapes, and new homes in every size. Manassas is located in Prince William, and has a rich history and nationally recognized shopping.  Prince William County is a great value–giving a homeowners a little more room for less money.

The following market report reflects the conditions in Prince William County, Virginia

  • New listings: 635
  • Closed sales: 542
  • Average sold price: $209,000

December 2009 had 635 listings ,down 33% from 952 in 2008.  For the entire year in 2009, there were 11, 312 listings, down 33% from almost 17,00 from the previous year. Meanwhile, 542 homes closed in 2009, compared to almost 1,000 in 2008. A total of 8,654 homes closed in all of 2009.

The average home sale price in Prince William County was $209,000 in 2009, down 10% from 2008. In January 2009 the average days on the market was only 34 days, while for the year the average was 69 days on the market.

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

Search for homes in Prince William County, and all the DC Metro: www.averyhess.com

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