It's Happened...The Prince William County VA Real Estate Market Has Flatlined!!!

By
Real Estate Agent with EXIT Realty Associates 0225018862

                                                          Believe it or flatlinednot, there are just not enough homes For Sale in the Prince William County Virginia real estate market. Resale inventory is moving quite quickly. New home construction deliveries are now quoting early fall and winter deliveries. Homes priced at Fair Market Value that show well sell fast and for top dollar.

To give you an example. Just this weekend, I was house hunting with a relocating couple heading in from Colorado. On Saturday we saw several homes, took a second look at one,  and that home was lovely. Our clients were ready to write, and before we even put pen to paper the home status changed to Under Contract. That $500+ home was only on the market two days and I was told by the listing agent the seller had two wonderful offers!

 

Here is a quick snapshot of the

 Prince William County VA Market Trends right now.

 resale inventory flatlines

 

So what does this mean to you?

Well if you thinking it is time to move, your timing couldn't be better. However remember, it is critical to price your home right. Price it to high it will sit, price it to low and you stand to loose a lot of money. How do you know how to price it? Interview three Realtors, and then make your decision based on what you learned. And by the way, I'd like to be one of those agents. Listen to how I can help you. Watch video now

Now if you are a home buyer hoping to purchase a home, listen up. It is critical to have a full time Realtor who has their finger on the pulse of the market. Good homes are selling quickly. This is a highly concentrated area for military buyers. So many military folks transferring in, still have the $8000 tax incentive driving them to purchase. This is your competition. You need a Realtor who understands that and can help you negotiate your way to a success bid on a home. Erick Blackwelder is a master negotiator and he can help you. Listed to what Erick has to say.

                 Have a question? Call us at 703-590-2252 or simply click here to contact me now.

  • Check out available homes  in the 22192- Woodbridge Virginia area right now. CLICK HERE
  • Check out  available homes in the 22193 -Dale City Virginia area right now  Click Here
  • Check out available homes in 20112 - between Liberia and Hoadly Rd Click Here
  • To access this weeks FREE lists of Foreclosures, Approved Short Sales and Immediate Delivery Homes  just visit Erick and Company.com.

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Exit 1st Chioce Realty Woodbridge VA

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Topic:
Real Estate Market Trends
Location:
Virginia Prince William County
Tags:
relocating to prince william county
22192
homes for sale in lake ridge
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Rainmaker
137,264
Kellie Morrissey
Keller Williams Realty Success LLC - Littleton, CO
CO Realtor CRS, GRI, CDPE

Yes!  We are seeing the same if not better results in the Denver Market!  I think we have made the turn up here and it sounds like you are getting better where you are also!  Good for you!  I hope you have a great selling year!

Jun 15, 2010 09:02 AM #1
Rainmaker
419,007
Peggy James
EXIT Realty Associates - Woodbridge, VA
Lake Ridge Virginia Real Estate Specialist

Hi Kellie, it is beginning to feel like a normal market. Homes here in the Woodbridge Virginia area were I list and sell homes, the average time on market is less than 30 days for the average house and the homes priced well and in great condition sell much faster.

Jun 15, 2010 11:00 AM #2
Ambassador
1,831,162
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

Have seven offers on my listing Beau Ridge estates in 24 hours!

Jun 15, 2010 07:26 PM #3
Rainmaker
419,007
Peggy James
EXIT Realty Associates - Woodbridge, VA
Lake Ridge Virginia Real Estate Specialist

Hi Cindy.  I'm sure your seller was totally over joyed that they had choices! Even the home I had in Westridge lsited for $600,000+ had seven showings in the first week and we ratifed an offer soon after that!

Buyers need to really be on their toes right now to snag a really nice home. Interest rates are still very low, and with the current low inventory sitaution, your comment is proof we are back to bidding wars again.

 

 

Jun 15, 2010 09:30 PM #4
Rainmaker
402,301
Kathryn Acciari
RE/MAX Professional Associates, with offices in Sturbridge, Charlton, Auburn, Spencer, and Shrewsbury - Sturbridge, MA
Realtor - CDPE, CIAS, Sturbridge MA Real Estate

Peggy, you are in an enviable market.  We still have a glut of inventory, with average market time around 6 months in my town.  I hope your market trend moves north!  Best wishes for a continued successful year.

Jun 22, 2010 05:15 PM #5
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Rainmaker
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Peggy James

Lake Ridge Virginia Real Estate Specialist
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