Home Sale Prices Rise again in Prince William County, VA
Home seller's took back the streets, here in Prince William County, Va, a suburb approximately 35 miles west of Washington, D.C.
The average month over month, sold home prices increased over 20%, from a low of $204,378 in February, to a high of $257,605 in August. We finished November with an average sold home price of $251,615 here in Prince William County.
Year over year price increases were also impressive, as they charged up 13.59% from an average sold price of $221,504 in November 2008 to $251,615 this November.
These year over year increases were elevated as First Time Home Buyer's rushed to beat what they thought was the tax credit deadline, however prices also rose year over year in September to 8.15%, and October to 6.81%.
Expect some seasonal slowdown in the market during the Winter, as home buyer's don't like the cold weather. However buyer's can't fool around too much as they need a "ratified contract" by April 30 to qualify for the newly expanded Home Buyer's Tax Credit.
Prince William County Home Prices zoomed past 2002 levels, and are closing in on 2003 levels. The average sold home price in October 2009 was $244,157 up from $228,581 last year. That same figure from 2002 was $222,624, and in 2003 was $257,953.
Home owner's can expect continued price increases throughout the Spring and Summer of 2010 here in Prince William, while leveling off in late Fall, early Winter, before once again rising with the seasonal trends. 12-13-2009 Johnny "Culdesac" Yankoviak
Welcome to JohnnyCuldesac.com, your Home Buyers and Sellers Resource in Northern Virginia. Johnny "Culdesac"Yankoviak Weichert Realtors 7520 Iron Bar Lane Gainesville, VA 20155 703-753-3828 x(166)
Johnny "Culdesac" Yankoviak, Weichert Realtors, 7520 Iron Bar Lane, Gainesville, VA 20155, 703-753-3828(166), an equal housing opportunity. johnnyculdesac@gmail.com
