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| MARCH 2025 | |||
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| Units Sold 304 |
Active Inventory 508 |
Median Sale Price $547,450 |
Days On Market 21 |
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| Down -21% Vs. Year Ago |
Up 3% Vs. Year Ago |
Down -7% Vs. Year Ago |
Up 5% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 304 sold this month in Prince William County Real Estate versus 281 last month, an increase of 8%. This month's total units sold was lower than at this time last year, a decrease of 21% versus March 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 14 units or 3%. The total number of active inventory this March was 508 compared to 494 in March 2024. This month's total of 508 is lower than the previous month's total supply of available inventory of 582, a decrease of 13%. |
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Median Sale Price
Last March, the median sale price for Prince William County Homes was $587,500. This March, the median sale price was approximately the same at $547,450. The current median sold price is 7% lower than in March 2024. 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 515 |
Current Contracts 524 |
Sold Vs. List Price 101.0% |
Months of Supply 1.7 |
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| Down -10% Vs. Year Ago |
Up 7% Vs. Year Ago |
Down -0.6% Vs. Year Ago |
Up 30% Vs. Year Ago |
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Months of Supply
In March, there was 1.7 months of supply available in Prince William County, compared to 1.3 in March 2024. That is an increase of 31% 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 515 homes newly listed for sale in Prince William County compared to 574 in March 2024, a decrease of 10%. There were 524 current contracts pending sale this March compared to 492 a year ago. The number of current contracts is 7% higher than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Prince William County was 101.0% of the average list price, which is 0.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 21, higher than the average last year, which was 20, an increase of 5%. | |||
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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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