Market Statistics

NOVEMBER 2021 PRINCE WILLIAM HOUSING MARKET

WOODBRIDGE, VA. December 16, 2021—REALTOR® Association of Prince William (PWAR) has gathered Prince William County’s most recent market statistics, generated by Virginia REALTORS® Chief Economist, Lisa Sturtevant, and SmartCharts, an affiliate website of Showing Time. The market statistics are gathered through data provided by VAR and Bright MLS, which serves as the multiple listing service for Prince William County.

A total of 801 homes were sold in November 2021, an increase of 6.8 percent compared to November 2020 at 750. The number of pending sales also saw a decrease of 3.22 percent year-over-year, from 963 to 995. New listings showed a new decreased percentage year-over-year, with 557 new listings, as opposed to 693 in November 2020. PWAR had less active listings available last month with 318 active listings in November 2021, compared to 327 in 2020; a difference of 2.75 percent. The median sold price of homes saw an increase of 12.5 percent to $450,000 as compared to $400,000 last year. The average days on the market increased to 18 in November 2021, as opposed to 10 in 2020.

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. 

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