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| JANUARY 2025 | |||
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| Units Sold 247 |
Active Inventory 357 |
Median Sale Price $534,000 |
Days On Market 29 |
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| Down -11% Vs. Year Ago |
Down -4% Vs. Year Ago |
Up 4% Vs. Year Ago |
No Change Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in January, with 247 sold this month in Prince William County Real Estate. This month's total units sold was lower than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 13 units or 4%. The total number of active inventory this January was 357 compared to 370 in January 2024. This month's total of 357 is lower than the previous month's total supply of available inventory of 412, a decrease of 13%. |
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Median Sale Price
Last January, the median sale price for Prince William County Homes was $515,000. This January, the median sale price was $534,000, an increase of 4% or $19,000 compared to last year. The current median sold price is 5% lower than in December. 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 300 |
Current Contracts 299 |
Sold Vs. List Price 99.7% |
Months of Supply 1.4 |
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| Down -22% Vs. Year Ago |
Down -13% Vs. Year Ago |
No Change Vs. Year Ago |
Up 8% Vs. Year Ago |
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Months of Supply
In January, there was 1.4 months of supply available in Prince William County, compared to 1.3 in January 2024. That is an increase of 8% 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 300 homes newly listed for sale in Prince William County compared to 384 in January 2024, a decrease of 22%. There were 299 current contracts pending sale this January compared to 344 a year ago. The number of current contracts is 13% lower than last January. |
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Sale Price to List Price Ratio
In January, the average sale price in Prince William County was 99.7% 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 29, which is similar compared to a year ago. | |||
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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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