Health & Fitness
Real Estate Market Update for Prince William County, Manassas City and Manassas Park
February 2012 Real Estate Market Update for Prince William County, Manassas City & Manassas Park
Year-over-year, February is a good month for real estate. Manassas City showed the biggest increase of sold volume, coming it at 70.9 percent. Prince William County came in at 18.8 percent increase while Manassas Park came it at 26.3 percent.
Prince William County, Manassas City and Manassas Park all showed an increase in the number of properties sold in February 2012 over what sold in February 2011.
Just another sign that the real estate market is starting to recover, considering there is extremely low inventory.
Find out what's happening in Manassas Parkwith free, real-time updates from Patch.
In February there was only 1224 homes for sale. This is a 4 percent more than homes for sale in January. In my January Real Estate Market Update I reported there was 1,174 homes for sale and 427 that had sold.
January's average sold price for the entire county was $277,980. This is an increase of 3 percent for the same time last year.
Find out what's happening in Manassas Parkwith free, real-time updates from Patch.
The graph's break out the various area's within the county, giving you a snap shot of how many homes are for sale, under contract and sold in the month of January. Information is provided by Real Estate Business Intelligence.
The Jacobs Team has been your Prince William Expert for over 20 years. If you are thinking about Buying or Selling Real Estate in Prince William County, Manassas, Manassas Park "Let Us Put Our Expertise Work for YOU!"
Susan Jacobs-The Jacobs Team
703-347-4418
Associate Broker
Prudential PenFed Realty