2020-12 -- Real Estate of Northern Virginia Market Report - December 2020 Real Estate Trends - Michele Hudnall
2020 - End of the Year Clearance Sale!! This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation. The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.
2020 - End of the Year Clearance Sale!!
This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation.
The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.
- TAGS
- fauquier-county-real-estate
- prince-william-real-estate
- loudoun-county-real-estate
- fairfax-county-real-estate
- arlington-real-estate
- alexandria-real-estate
- fairfax-real-estate
- falls-church-real-estate
- manassas-real-estate
- best-northern-virginia-realtor
- your-northern-virginia-realtor
- northern-virginia-home-trends
- northern-virginia-home-prices
- real-estate-of-nva
- nva-real-estate-trends
- nova-real-estate-trends
- northern-virginia-real-estate
- michele-hudnall
- realestateofnva
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NOVEMBER <strong>2020</strong> PRINCE WILLIAM COUNTY OVERVIEW ||<br />
MARKET ANALYSIS BY STRUCTURE TYPE<br />
PRINCE WILLIAM COUNTY<br />
Avg<br />
Days on<br />
Avg Sale to<br />
Orig List<br />
Condominium<br />
Number<br />
<strong>of</strong> Sales<br />
Mkt<br />
Avg Price<br />
/ SQFT<br />
Avg Close<br />
Price<br />
Avg Orig<br />
List Price<br />
Price Ratio<br />
TOTALS / AVGS 34 19 $ 211.22 $ 259,6<strong>12</strong> $ 260,629 100%<br />
BEDS<br />
4 – 5<br />
29 19 $ 211.07 $ 250,683 $ 252,048 99%<br />
4 19 $ 226.14 $ 3<strong>12</strong>,500 $ 311,248 100%<br />
1 2 $ 156.00 $ 307,000 $ 307,000 100%<br />
PRINCE WILLIAM COUNTY - CONDOMINIUMS<br />
Listings vs Median Sales Price<br />
1000<br />
900<br />
800<br />
700<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Average <strong>of</strong> Median Sales Active Listings New Listings Sold Listings<br />
$400,000<br />
$350,000<br />
$300,000<br />
$250,000<br />
$200,000<br />
$150,000<br />
$100,000<br />
$50,000<br />
$-<br />
DOM<br />
% <strong>of</strong> SALES<br />
61 9%<br />
AVG CONCESSION<br />
% OF SALES WITH<br />
A CONCESSION<br />
$3,409 31%<br />
CHG YTD CHG YoY CHG YTD CHG YoY<br />
-22% -38% -49% -63%<br />
- 95 -
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