Virginia Home Sales Report
WOODBRIDGE, VA. Octoberber 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 564 homes were sold in September 2019, a great increase of 16.8 percent compared to September 2018 closed sales. The number of new pendings continued to increase by 16.4 percent year-over-year, from 531 pending to 618. New listings continued to see a decrease of only 6.1 percent year-over-year, from 754 new listings to 708. There were slightly less active listings available this year with 954 active listings in September 2019, compared to 1,409 in 2018. The median sold price of homes continued to strengthen in September, increasing 4.4 percent to $381,000 as compared to last year ($365,000).
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.