June 2019 Market Statistics

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June 2019 Market Statistics

Virginia Home Sales Report

WOODBRIDGE, VA. July 11, 2019—REALTOR® Association of Prince William (PWAR) has gathered Prince William County’s most recent market statistics, generated by SmartCharts, an affiliate website of Real Estate Business Intelligence (RBI). 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 778 homes were sold in June 2019, a slight decrease of 9.7 percent compared to June 2018 closed sales. The number of new pendings continued to increase by 1.1 percent year-over-year, from 829 pending to 838.  New listings continued to see a decrease of 12.9 percent year-over-year, from 1,103 new listings to 961. There were significantly less active listings available this year with 1,033 active listings in June 2019, compared to 1,333 in 2018. The median sold price of homes continued to strengthen in June, increasing 4 percent to $395,000 as compared to last year ($380,000).

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.

By | 2019-07-15T11:40:32-04:00 July 11th, 2019|Market Statistics, Recent News|0 Comments

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