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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.

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|| PRINCE WILLIAM COUNTY OVERVIEW NOVEMBER <strong>2020</strong><br />

Prince William,<br />

VA<br />

MARKET ANALYSIS BY CITY<br />

Number<br />

<strong>of</strong> Sales<br />

Avg Days<br />

on Mkt<br />

Avg Price<br />

/ SQFT<br />

Avg Sale to<br />

Orig List<br />

Price Ratio<br />

Avg Close<br />

Price<br />

YoY Close<br />

Price<br />

Change<br />

706 13 $ 244.72 100.80% $ 449,461 13.46%<br />

Townhouse 297 <strong>12</strong> $ 229.70 100.68% $ 367,169 10.20%<br />

Dumfries 29 <strong>12</strong> $ 218.23 102.26% $ 342,429 9.22%<br />

2 Beds or less 1 16 $ 209.62 98.48% $ 318,000 59.00%<br />

3 Beds 21 11 $ 222.42 103.05% $ 341,884 10.04%<br />

4 to 5 Beds 7 15 $ 205.70 100.51% $ 347,554 -2.58%<br />

Triangle 5 11 $ 215.06 99.71% $ 297,100 -15.11%<br />

2 Beds or less 1 17 $ 260.68 96.83% $ 305,000 #DIV/0!<br />

3 Beds 4 10 $ 203.66 100.49% $ 295,<strong>12</strong>5 #DIV/0!<br />

4 to 5 Beds 0 0 $ - #DIV/0! $ - -100.00%<br />

Gainesville 24 10 $ 230.70 101.94% $ 431,218 16.03%<br />

2 Beds or less 0 0 $ - #DIV/0! $ - -100.00%<br />

3 Beds 19 10 $ 232.54 102.44% $ 425,472 21.18%<br />

4 to 5 Beds 5 8 $ 223.67 100.17% $ 453,054 2.00%<br />

Manassas 49 15 $ 231.62 100.81% $ 367,794 9.37%<br />

2 Beds or less 2 10 $ 257.37 99.76% $ 293,750 20.41%<br />

3 Beds 36 14 $ 226.56 101.11% $ 357,625 4.87%<br />

4 to 5 Beds 11 20 $ 243.49 100.11% $ 414,534 19.41%<br />

Woodbridge 154 <strong>12</strong> $ 228.77 100.<strong>12</strong>% $ 350,439 9.30%<br />

2 Beds or less 11 13 $ 236.01 100.07% $ 318,191 13.24%<br />

3 Beds 119 13 $ 226.45 100.06% $ 348,142 9.45%<br />

4 to 5 Beds 24 10 $ 237.28 100.40% $ 376,608 9.00%<br />

Bristow 19 4 $ 244.71 101.17% $ 389,947 9.41%<br />

2 Beds or less 2 2 $ 228.80 100.78% $ 322,500 4.89%<br />

3 Beds <strong>12</strong> 4 $ 251.53 101.30% $ 385,750 4.21%<br />

4 to 5 Beds 5 5 $ 234.69 101.00% $ 427,000 8.80%<br />

Occoquan 2 8 $ 273.00 99.00% $ 620,000 #DIV/0!<br />

3 Beds 2 8 $ 273.00 99.00% $ 620,000 #DIV/0!<br />

Haymarket 15 4 $ 232.15 100.71% $ 443,027 15.35%<br />

2 Beds or less 1 1 $ 204.77 100.00% $ 275,000 #DIV/0!<br />

3 Beds 13 5 $ 236.43 100.88% $ 456,569 18.88%<br />

4 to 5 Beds 1 6 $ 203.94 98.89% $ 435,000 #DIV/0!<br />

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