PRINCE WILLIAM COUNTY DECEMBER 2022 MARKET STATISTICS
WOODBRIDGE, VA. January 26th – The most recent market statistics, generated by SmartCharts, and gathered through data provided by Bright MLS, give readers a valuable snapshot of what’s hot, and what’s not.
The market saw a 2.55% increase in median price from 451,000 in 2021 to 462,500 in 2022. New listings reveal a 28.50% decrease with 276 new listings as opposed to 386 in December of 2021. Also decreasing steadily at 46.48% in December were the closed sales with their being 350 as opposed to 654 in 2021. Active listings rose to an 118.03% increase with 399 listings compared to 183 in 2021. Finally, the average days on the market increased from 19 days in 2021 to 30.
Be sure to catch up with us in February 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 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.