WOODBRIDGE, VA. February 24th – With the new year upon us, it’s time to take a look at new market statistics. Using data provided by Bright MLS, SmartCharts generates stats that give readers a valuable overview of the current housing market.

In January, 299 homes were sold, a noticeable decrease of 25.62% from December of 2022. The number of new listings decreased by 8.99% to 405 from 445 in December 2022. 342 active listings were listed in 2023 compared to
137 in 2022, a 149.64% increase. There was also an increase of 3.37% in the median sold price of homes to $474,999 from $459,500 last year. As a final note, the average number of days on the market increased from 18 in 2022 to 39 in 2023.

Be sure to catch up with us in March 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 homeownership 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.