April 2021 Market Statistics

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April 2021 Market Statistics

MORE LISTINGS AND MORE SALES IN APRIL 2021 PRINCE WILLIAM COUNTY HOUSING MARKET

PRINCE WILLIAM COUNTY APRIL 2021 MARKET STATISTICS

WOODBRIDGE, VA. May 21, 2021—REALTOR® Association of Prince William (PWAR) has gathered Prince William County’s most recent market statistics, generated by Virginia REALTORS® Chief Economist, Lisa Sturtevant, and SmartCharts, an affiliate website of Showing Time. The market statistics are gathered through data provided by VAR and Bright MLS, which serves as the multiple listing service for Prince William County.

A total of 884 homes were sold in April 2021, an outstanding increase of 35.2 percent compared to April 2020 at 654. The number of all pending sales also saw an increase of 31.2 percent year-over-year, from 940 to 1,233.  New listings showed an increased percentage year-over-year, with 1,324 new listings, as opposed to 963 in April 2020. PWAR continued to have fewer active listings available last month with 381 active listings in April 2021, compared to 713 in 2020; a 46.6 percent decrease. The median sold price of homes saw an increase of 11.1 percent to $450,000 as compared to $405,000 last year. The average days on the market reduced to 7 in April 2021, as opposed to 14 in 2020.

REALTOR® Association of Prince William (PWAR) is the largest professional trade association in the Prince William County, representing approximately 2,000 REALTORS® engaged in the residential and commercial real estate business.  PWAR serves as an advocate for home-ownership and homeowners and represents the interests of property owners in Prince William County and the Commonwealth of Virginia.

Note: The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.

View Full Report from VAR
By | 2021-05-21T09:40:15-04:00 May 21st, 2021|Market Statistics, Recent News|0 Comments

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