Residential Homes trended DOWN by 4.5% during 2007
Average Original List Price: $347,754
Average Sales Price: $316,726 (91.1% of Original Price)
Average Days on Market: 128
Average Homes Sold per Month: 95
Total Sold in 2007: 1135
Currently Active Listings:
Average List Price: $292,775
Average Days on Market: 132
Total Listed: 1537
As we enter the new year, it is important to know the path the market is currently on. Sellers need to lead the market not follow. Continually lagging behind the trend will lead to higher days on the market and lower "walkaway" sales prices.
You can also find this post and others at http://www.ask2agents.com/
Residential Homes trended DOWN by 9.1% during 2007
Average Original List Price: $590,499
Average Sales Price: $549,690 (93.1% of Original Price)
Average Days on Market: 133
Average Homes Sold per Month: 27
Total Sold in 2007: 320
Currently Active Listings:
Average List Price: $608,055
Average Days on Market: 254
Total Listed: 290
As we enter the new year, it is important to know the path the market is currently on. Sellers need to lead the market not follow. Continually lagging behind the trend will lead to higher days on the market and lower "walkaway" sales prices.
You can also find this post and others at http://www.ask2agents.com/
Residential Homes trended DOWN by 10.4% during 2007
Average Original Price: $460,996
Average Sales Price: $449,521 (93.0% of Original Price)
Average Days on Market: 118
Average Homes Sold per Month: 42
Total Sold in 2007: 502
Currently Active Listings:
Average List Price: $476,627
Average Days on Market: 154
Total Listed: 389
As we enter the new year, it is important to know the path the market is currently on. Sellers need to lead the market not follow. Continually lagging behind the trend will lead to higher days on the market and lower "walkaway" sales prices.
You can also find this post and others at http://www.ask2agents.com/
According to the Potomac News & Manassas Journal Messenger the top 10 news stories of 2007 for Prince William County were:
Personnally, I think the market should be ranked higher. It's ecomonic impact will be felt in 2008. Good luck to all in 2008.
You can also find this post and others at http://www.ask2agents.com/
As a Proven and Trusted Market Leader in Northern Virginia Real Estate, I provide 1st Class Real Estate Service for Buyers and Sellers covering the many areas.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
