CONSIDERABLE INCREASE IN HOME SALES IN PRINCE WILLIAM COUNTY
WOODBRIDGE, VA. January 14, 2020—REALTOR® Association of Prince William (PWAR) has gathered Prince William County’s most recent market statistics, generated by SmartCharts, an affiliate website of Showing Time. The market statistics are gathered through data provided by the Bright MLS, which serves as the multiple listing service for Prince William County.
A total of 610 homes were sold in December 2019, a considerable increase of 32.6 percent compared to December 2018. The number of new pendings decreased by 12.9 percent year-over-year, from 497 pending to 433. New listings held steady year-over-year, with 390 new listings. There were noticeably fewer active listings available this year with 559 active listings in December 2019, compared to 899 in 2018. The median sold price of homes continued to rise in December, increasing 7.25 percent to $370,000 as compared to $345,000 last year.
REALTOR® Association of Prince William (PWAR) is the largest professional trade association in 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.