Real Estate Market Update For Woodbridge Virginia As Of August 27 2014
Folks ask me all the time, "Erick, how's the real estate market?" They are often surprised when I tell them that we've had a fast market for the past two years.
May, June, and July were busy months for REALTORS in Woodbridge. We're getting a break in August because folks are on vacation. In fact, August is the slowest month of the year for real estate sales in Woodbridge. We have more sales in December than in August.
As of August 27, we have 672 ACTIVE listings for sale in Woodbridge, including single family homes, townhouses, and condos.
As of August 27, we have 401 listings UNDER CONTRACT, pending settlement in Woodbridge.
We have had 792 homes sell and go to settlement over the past three months in Woodbridge.
Across all of Prince William County there are 2,139 homes for sale.
Across Prince William County there are 822 homes under contract.
The numbers say that the real estate market in Woodbridge is active and healthy, with plenty of turnover, and short days on market (DOM).
If you have a home to sell in Woodbridge, the key to selling fast, for top dollar, and with the fewest hassles, is to price your house at the price range where similar homes to yours have sold. If other homes similar to yours have sold in the $650,000 - $675,000 range, do not price your house at $700,000. Buyers are savvy, and they will pass you by because they will suspect you are unrealistic. They know the comps. Price your house at $675,000 and it will sell.
Home buyers, get familiar with the SOLD prices for homes that are similar to the homes for which you are shopping so you are able to tell which homes are market priced, and which homes are over-priced. Work with your REALTOR to see the comps for homes similar to the homes in your range.
You can also find out about homes for sale or sold by texting or calling Erick Blackwelder at 703-677-1120.
Call or text Erick Blackwelder right now for help finding a home, or help selling your house.
Don't worry... Erick doesn't bite, and you won't get a sales pitch. Text or call Erick now at 703-677-1120 for a FREE consultation.
CLICK HERE NOW to search the Multiple Listing Service (MLS) for homes for sale in and around Woodbridge, Lorton, and Mount Vernon.
Exit Realty Associates
8998C Lorton Station Blvd
Lorton, VA 22079
Equal Housing Opportunity
Click the link above to email a question to me or call me now at 703-677-1120.
Equal Housing opportunity.