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April 2011 Real Estate Statistics for Prince William County, Virginia

by bchandler on 11:07 am

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April 2011 Real Estate Statistics for Prince William County, Virginia

 

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It’s been quite some time since prices of homes in Prince William County have increased from the previous year. Although they have increased from 2010, since April 2007, the median and average sales prices have declined approximately 30-40%. Prince William was one of the hardest hit areas in the country in terms of value declines. Fortunately, the real estate Market in Prince William County seems to be stabilizing.

While the number of houses sold declined a significant amount and sellers in general are getting a lower sold price, percentage wise, compared to their original list price, they are still getting nearly 97% of list price – another sign of a healthy Market.

In terms of supply, in March, 2011 there were 484 homes sold. When you divide this into the number of active listings it signifies roughly a 3 month supply of houses. This amount of supply is much better than a typical healthy market defined by a 5-6 month supply. Active listings were up roughly 13% while new listings and pending contracts both declined from a year ago. Contact us to sell your house in Prince William County, Virginia.

Prince William County, VAApr-2011Apr-2010% Change
Avg Sold Price$287,402$270,1356.39%
Median Sold Price$250,000$242,3003.18%
Units Sold473697-32.14%
Avg Days on Market544035.00%
Avg Sold Price to List Price96.9%98.9%-1.97%
Active Listings1,5071,33113.22%
New Listings9191,063-13.55%
New Pendings736833-11.64%

If you are having trouble selling your house, call us today at 1-877-907-3232 or contact us to get an offer in hours from Express Homebuyers.

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Categories: Real Estate Statistics

April 2011 Real Estate Statistics for Montgomery County, Maryland

by bchandler on 10:54 am

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April 2011 Real Estate Statistics for Montgomery County, Maryland

 

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April brought mixed results to the real estate market in Montgomery County, Maryland. People looking to sell their house saw a drop of nearly 22% in total houses sold. The average and median sale prices rose slightly from the previous year but declined slightly from March 2011.

The big drop in April was the number of houses sold. Home sales in Montgomery County were down nearly 22% from the previous year. Houses were on the market 29% longer in April, but are still selling quickly relative to other regions.

There is a 5 month supply of houses for sale in Montgomery County, a slight decrease from the previous month.

New listings in Montgomery County were down significantly. This is likely due to legal battles between the U.S. government and bank that have slowed the release of REO properties (Real Estate Owned) – what the bank calls properties that are taken back through the foreclosure process.

Montgomery County is still a healthy market in terms of sales prices and supply, but buyers are becoming less active with a 23% decline in pending contracts from the previous year. We can help sell your house fast in Montgomery County, Maryland.

Montgomery County, MDApr-2011Apr-2010% Change
Avg Sold Price$436,537$425,2502.65%
Median Sold Price$350,000$345,0001.45%
Units Sold8371,070-21.78%
Avg Days on Market816328.57%
Avg Sold Price to List Price93.7%95.5%-2.00%
Active Listings3,4813,505-0.68%
New Listings1,7342,108-17.74%
New Pendings1,1631,507-22.83%

If you are having trouble selling your house, call us today at 1-877-907-3232 or contact us to get an offer in hours from Express Homebuyers.

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6564 Loisdale Court, Suite 315
Springfield, VA 22150
Phone: (877) 804-5252
Email: express@expresshomebuyers.com

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Categories: Real Estate Statistics

April 2011 Real Estate Statistics for Prince Georges County, Maryland

by bchandler on 10:48 am

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April 2011 Real Estate Statistics for Prince Georges County, Maryland

 

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Prices of homes in Prince Georges County have, once again, significantly declined from the previous year. The median sold price dropped by nearly 18% while the average sold price declined by over 14%. Prince Georges County has experienced one of the steepest declines in home values, in the area, over the past four years. In April 2007, the median and average sales prices were $331,000 and $349,000 respectively. This represents a 49% decline in average sales price and a 52% decline in median sales price. These drastic value declines have most likely never been seen before in the United States.

The number of homes sold decreased by nearly 19% and sellers in general are getting a lower sold price, percentage wise, compared to their original list price.

In terms of supply, in March, 2011 there were 730 homes sold. When you divide this into the number of active listings, this signifies an almost 7 month supply of houses. This has decreased by 2 months from March and is much closer to what is considered a “healthy market” as defined by a 5-6 month supply. Active listings have increased due to fewer pending sales – signifying that buyers have become less active. New listings have decreased a dramatic 20% in Prince Georges County. Contact us if you need to sell your house fast in Prince Georges County – we can help!

Prince Georges County, MDApr-2011Apr-2010% Change
Avg Sold Price$170,275$199,179-14.51%
Median Sold Price$156,500$190,000-17.63%
Units Sold702863-18.66%
Avg Days on Market1079413.83%
Avg Sold Price to List Price88.2%91.3%-3.37%
Active Listings4,8494,38810.51%
New Listings1,4131,780-20.62%
New Pendings1,2692,946-14.22%

If you are having trouble selling your house, call us today at 1-877-907-3232 or contact us to get an offer in hours from Express Homebuyers.

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or Call us at (877) 804-5252

Express Homebuyers

Corporate Office

6564 Loisdale Court, Suite 315
Springfield, VA 22150
Phone: (877) 804-5252
Email: express@expresshomebuyers.com

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Categories: Real Estate Statistics

April 2011 Real Estate Statistics for Fairfax County, Virginia

by bchandler on 10:43 am

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April 2011 Real Estate Statistics for Fairfax County, Virginia

 

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Video

People who are looking to sell their home in Fairfax County, Virginia will be happy to know that average and median sales are up both from March and from a year ago. Even more impressive is that the average sales price has increased by 20% since April 2009.

Houses in Fairfax County were on the market 32% longer in April, but houses are still selling quickly relative to other markets.
There is a 3 month supply of houses for sale in Fairfax County, with a little over 1,000 homes on the market. This is a slight decrease from March.

New listings in Fairfax County as down significantly, likely due to legal battles between the U.S. government and banks. The conflict has slowed the release of REO properties (Real Estate Owned) – what the bank calls properties that are taken back through the foreclosure process.

All these numbers indicate that Fairfax County’s real estate market is very healthy, even with a 25% drop in April sales. We can help you sell your house fast in this dynamic market.

Fairfax County, VAApr-2011Apr-2010% Change
Avg Sold Price$462,817$433,6504.32%
Median Sold Price$400,000$379,0005.54%
Units Sold1,0471,397-25.05%
Avg Days on Market584431.82%
Avg Sold Price to List Price96.3%97.8%-1.50%
Active Listings3,3273,498-4.89%
New Listings2,1842,669-18.17%
New Pendings1,4501,882-22.95%

If you are having trouble selling your house, call us today at 1-877-907-3232 or contact us to get an offer in hours from Express Homebuyers.

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Where is your property located?*

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or Call us at (877) 804-5252

Express Homebuyers

Corporate Office

6564 Loisdale Court, Suite 315
Springfield, VA 22150
Phone: (877) 804-5252
Email: express@expresshomebuyers.com

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Categories: Real Estate Statistics

April 2011 Real Estate Statistics for the District of Columbia

by bchandler on 10:36 am

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April 2011 Real Estate Statistics for the District of Columbia

 

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get your fair cash offer in 7 minutes!

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Homeowners in the District of Columbia will be happy to know the average and median sales prices are up significantly from last year and last month. This is good news for anyone planning to sell their home now.

On the down side, it is taking more time to sell a home in the District, approximately 24 percent longer. The number of homes sold in DC decreased by the same percentage over the past year—24 percent—and slightly more in the past month.

There is a lower supply of homes on the market. Based on March unit sales of 555 homes, there is a four-month supply in D.C., down from six months.

The District of Columbia is still a fairly healthy real estate market. Though active listings and new listings are both down, it is most likely because of legal battles between the US government and banks stalling the release of foreclosed properties. Pending sales, which show the amount of buyer activity, increased slightly from March, but are still down about 16 percent from a year ago.

FYI: REO—Real Estate Owned—what a bank calls the properties they take back through the foreclosure process.

We can help sell your house fast in Washington DC – contact us today!

Washington DCApr-2011Apr-2010% Change
Avg Sold Price$520,491$493,4345.48%
Median Sold Price$399,000$385,0003.64%
Units Sold534706-24.36%
Avg Days on Market836723.88%
Avg Sold Price to List Price94.3%95.2%-0.95%
Active Listings2,4692,670-7.53%
New Listings1,1241,267-13.34%
New Pendings752893-15.79%

If you are having trouble selling your house, call us today at 1-877-907-3232 or contact us to get an offer in hours from Express Homebuyers.

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Where is your property located?*

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First Name*

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or Call us at (877) 804-5252

Express Homebuyers

Corporate Office

6564 Loisdale Court, Suite 315
Springfield, VA 22150
Phone: (877) 804-5252
Email: express@expresshomebuyers.com

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Categories: Real Estate Statistics

March 2011 Real Estate Statistics for Montgomery County, Maryland

by bchandler on 11:29 am

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March 2011 Real Estate Statistics for Montgomery County, Maryland

 

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get your fair cash offer in 7 minutes!

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For homeowners in Montgomery Country, Maryland, home prices are improving. Fortunately the area has a fairly healthy market.

The median sold price is up slightly while the average sold price improved significantly from the previous year.  It’s still not easy to sell a house fast, though. There has been a significant drop in units sold and a significant increase in days on market.

In terms of supply, in February 2011 there were 525 homes sold. When divided into the number of active listings, it signifies a 6-month supply of houses. This is a slight increase from the prior month, and it indicates a healthy market (defined by a 5-6 month supply).

Active listings were down in Montgomery County, and new listings were significantly down. This is most likely a result of the legal battles between the US government and the banks that are stalling the release of foreclosed properties. REOs, or Real Estate Owned, are what a bank calls the properties they take back through the foreclosure process.

Montgomery County, MDMar-2011Mar-2010% Change
Avg Sold Price$450,671$398,80713.00%
Median Sold Price$332,450$324,2502.53%
Units Sold756839-9.89%
Avg Days on Market926933.33%
Avg Sold Price to List Price92.8%95.5%-2.81%
Active Listings3,0883,145-1.81%
New Listings1,6381,945-15.78%
New Pendings1,2731,2720.08%

If you are having trouble selling your house, call us today at 1-877-907-3232 or contact us to get an offer in hours from Express Homebuyers.

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Get your Fair Cash Offer to Sell Your House, Fast!

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Where is your property located?*

Please select your property from the options in the dropdown list.


First Name*

Last Name*

Phone*

EmailOptional














or Call us at (877) 804-5252

Express Homebuyers

Corporate Office

6564 Loisdale Court, Suite 315
Springfield, VA 22150
Phone: (877) 804-5252
Email: express@expresshomebuyers.com

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https" alt="Better Business Bereau A+ Rating">
Express Homebuyers is rated 4.6 stars on Google based on 39 reviews

Categories: Real Estate Statistics

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