WOODBRIDGE, VA. December 11, 2018—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 Metropolitan Regional Information System (MRIS), which serves as the multiple listing service for Prince William County.
A total of 418 homes were sold in December 2018, a decrease of 22.6 percent compared to December 2017 closed sales. The number of new pending increased by 10.1 percent also year-over-year, from 396 pending to 438. New listings saw a decrease of 11.8 percent year-over-year, from 390 new listings to 344. There were more active listings available this year with 808 active listings in December 2018, compared to 790 in 2017. The median sold price of homes stayed the same in December, remaining at $350,000.
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 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.