PRINCE WILLIAM COUNTY APRIL 2022 MARKET STATISTICS
WOODBRIDGE, VA. May 12, 2022—REALTOR® Association of Prince William (PWAR) has gathered Prince William County’s most recent market statistics, generated by Virginia REALTORS® Chief Economist, Ryan Price, 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 761 homes were sold in April 2022, a decrease of 8.9 percent compared to April 2021 at 835. New listings showed a decrease in percentage year-over-year, with 1042 new listings, as opposed to 1279 in April 2021. Prince William had more active listings available last month with 384 active listings in April 2022, compared to 373 in 2021; a difference of 3 percent. The median sold price of homes saw an increase of 15.46 percent to $520,000 as compared to $450,000 last year. The average days on the market decreased to 6 in March 2022, as opposed to 10 in 2021.
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.