Gainesville Va - New Construction Communities

Ellis Mill Estates - Khovnanian Homes

Gainesville, Virginia - Homes for Sale - Current Market Conditions – February 2012

Real Estate Price Trends

The average sold price for a single family home as of February 2012 for Gainesville is $395,262 (Down $44,830 from January).

Home Sales and Demand Trends

The average time for a property in Gainesville to go under contract as of February 2012 has been on the market for about 84 days. The average time for a property in Gainesville sold in the last 30 days as of February 2012 has been on the market for about 53 days.

Price Per Square Foot

The median price per square foot for homes in Gainesville as of February 2012 is about $111.98 (Down $37.24 from January).

Homes for Sale

There are about 132 properties on the market in Gainesville as of February 2012.

Linda Coffey, Realtor®
Long & Foster Realtors

7526 Limestone Drive
Gainesville, VA 20155

Licensed in the Commonwealth of Virginia

(703) 973-2676

LCoffey@LNF.com

Has the Market Stabilized in Your Area? Get a Free Market Report to Find Out!

Gainesville VA MLS Free Search Online for info about Gainesville VA homes

Gainesville Virginia has experienced wonderful growth recently when it comes to shopping. A few years ago Best Buy, Super Target, Lowes and many other stores moved in to the area. At the same time, getting around in Gainesville continues to improve with the I66/29 interchange being completed and additional road work that is taking place on Route 29 itself.

A recent addition to Gainesville had it's Grand Opening last weekend. BJ's Wholesale Club opened it's doors and saw many, many shoppers. If you haven't tried BJ's, you should. To learn more, simply point your mouse to the following link, or better yet, go and experience shopping at BJ's first hand.

BJ's Wholesale Club In Gainesville Virginia

This weeks Bank Owned Properties List for Prince William County, Manassas, Manassas Park

Here is my Bank Owned Pick of the week January 23, 2012. 14833 Cartagena Dr. Gainesville, VA 20155 listed for $389,000 brokered by Weichert Realtors. This brick front colonial is located in the Hopewells Landing Subdivision just off Lee Highway ( RT 29) in Gainesville. It features 5 bedrooms and 3.5 baths. The kitchen just off the two story family room and has a center island cook top, built in microwave, wall oven and eat in area. The master suite features a luxury bath with soak-er tub, separate shower, separate vanities and ceramic tile floor. The finished basement is day light and walks out. There is approximately 3,312 finished sq feet on the main and upper level. The large deck overlooks rear yard. Convenient to schools & the Wegman Shopping Center. Other homes for sale in the Hopewells Landing subdivision.

Here is a list of bank owned properties that are for sale in Prince William County, Manassas and Manassas Park as of January 23, 2012. If you are interested in seeing any of these homes give me a call 703-330-4423 or send me an email Home4Sale@mris.com. The good properties go FAST.

• Properties listed in the last seven days.
• All bank owned properties for sale.

There are currently 1164 homes for sale in Prince William County, Manassas and Manassas Park. This is down by 3% from last week. Of those homes for sale 10% are bank owned and 18% are short sales. This is a sellers market based on the fact that we only have 2 months worth of inventory. If you would like information on a specific home or neighborhood give me a call or send me an email.

Gainesville Virginia - Homes For Sale - Foreclosures and Short Sales – January 2012

Currently there are 143 Single Family Homes listed for sale in the Gainesville VA MLS in January 2012.

• 4 Foreclosures (3% of current homes)
• 45 Short Sales aka Preforeclosure (31% of current homes)
• 51 Resales (36% of current homes)
• 43 New Homes To Be Built (30% of current homes)

Based on current average homes sold in Gainesville VA per month we currently have 4.77 month home supply. This is a 0.26 month home supply decrease from December 2011.

If you have been waiting to put your home on the market now is a great time with inventory levels so low. For a free Market Evaluation of your home email me.

Looking to Buy? With the right agent you can get a great home from the current available Foreclosures and Short Sales.

Linda Coffey, Realtor®
Long & Foster Realtors

7526 Limestone Drive
Gainesville, VA 20155

Licensed in the Commonwealth of Virginia

(703) 973-2676

LCoffey@LNF.com

Has the Market Stabilized in Your Area? Get a Free Market Report to Find Out!

Gainesville VA MLS Free Search Online for info about Gainesville VA homes