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| APRIL 2025 | |||
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| Units Sold 39 |
Active Inventory 58 |
Median Sale Price $440,000 |
Days On Market 14 |
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| Up Vs. Year Ago |
Up 41% Vs. Year Ago |
Up 4% Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in April, with 39 sold this month in Manassas City Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 17 units or 41%. The total number of active inventory this April was 58 compared to 41 in April 2024. This month's total of 58 is lower than the previous month's total supply of available inventory of 64, a decrease of 9%. |
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Median Sale Price
Last April, the median sale price for Manassas City Homes was $425,000. This April, the median sale price was $440,000, an increase of 4% or $15,000 compared to last year. The current median sold price is 18% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 44 |
Current Contracts 45 |
Sold Vs. List Price 101.1% |
Months of Supply 1.5 |
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| Down -10% Vs. Year Ago |
Up 10% Vs. Year Ago |
No Change Vs. Year Ago |
Up 34% Vs. Year Ago |
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Months of Supply
In April, there was 1.5 months of supply available in Manassas City, compared to 1.1 in April 2024. That is an increase of 34% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 44 homes newly listed for sale in Manassas City compared to 49 in April 2024, a decrease of 10%. There were 45 current contracts pending sale this April compared to 41 a year ago. The number of current contracts is 10% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Manassas City was 101.1% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 14, higher than the average last year, which was 7. This increase was impacted by the limited number of sales. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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