Realtor Association of Prince William

News

Fredericksburg, RVA regions lead state in decline in new home listings

By Uriah Kiser

According to the June 2023 Virginia Home Sales Report released by Virginia REALTORS®, at the end of June, there were 16,246 active listings on the market throughout the state. This is 3,129 fewer listings than last year, more than a 16% reduction.

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Prince William

Realtor report shows ‘significant decline in new listings, closed sales, and active listings’

By Uriah Kiser
A rendering of what new homes to be built in the Mainline development on 45 acres in south Stafford.

REALTOR Association of Prince William: “Bright MLS, Smartcharts, a leading provider of real estate data and insights, has released its comprehensive report on the latest market statistics for June 2023 in the local area. This highly anticipated release offers valuable insights into the current state of the real estate market and highlights key trends and dynamics that shaped the landscape during this period.”

“The report reveals a significant decline in new listings, closed sales, and active listings in June 2023 compared to the previous year. New listings saw a substantial decrease of 47.03%, with only 579 new listings compared to 1,093 in June 2022. Likewise, closed sales experienced a decline of 21.94%, with 644 closed sales recorded in June 2023 as opposed to 825 in 2022.”

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News

Fewer homes sold, more listed in January

By Potomac Local News
New homes at K. Hovnanian's Four Seasons at Virginia Crossing in Woodbridge.

In January, 299 homes were sold, a noticeable decrease of 25.62% from December of 2022, according to the Prince William Association of Realtors. 

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Business

Home prices rise, while houses sit longer in Prince William

By Potomac Local News
New homes at K. Hovnanian's Four Seasons at Virginia Crossing in Woodbridge.

The number of new homes sold in Prince William County fell nearly 30% compared to last year.

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