WOODBRIDGE, VA. May 15th –Bright MLS, Smartcharts has released the latest real estate market statistics for April 2023 in our area. The data shows a decrease in new listings, closed sales, and median sold price, but an increase in active listings.

According to the report, new listings were down 44.05% from the same period last year, with 583 new listings in April 2023 compared to 1,042 in April 2022. Closed sales were down by 34.82% to 496, from 761 in 2022. The median sold price decreased by 2.21% to $508,500, from $520,000 in April 2022. Active listings increased by 3.13% to 396, from 384 in 2022. The average days on the market increased by 100%, from 7 in 2022 to 14 in April 2023.

Be sure to catch up with us in June to stay updated on the current housing market!

REALTOR® Association of Prince William (PWAR) is the largest professional trade association in Prince William County, representing approximately 1,900 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.