Woodbridge Real Estate Market - View Woodbridge Real Estate Market Trends in Virginia

Spring 2012 Market Update Great time to be a buyer.
Average Home Price	$300,000 - View Graph Trend

Average Price Compared to Last Year	Down 25-30%

Average Time on Market	10-30 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	100%

Existing Home Prices for the past 90 days are?	Increasing

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More buyers than sellers

Buyer Activity for the past 90 days in Woodbridge is	Increasing

Seller Activity for the past 90 days in Woodbridge is?	Decreasing

Multiple Offers?	Yes

Multiple Offers Commentary	There are alot of short sales and the forclosures and regular sales get multiple offers in less than 5 days on the market.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	More than 50%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Financing for qualified buyers is no problem.

Housing Inventory	Limited Supply

Inventory Comments	House prices have been on the rise for the past 18 months, there are still good deals and we have bounced off the bottom more than 30%.Lots of movement into the area in 2011 from BRAC that should cause prices to rise even more.

Greatest Activity	First Time Buyers

Reason to Buy/Sell	Population Growth

Nearest Metro Area	Northern Virginia

Housing Hot Spots	Most cities within the Prince William County area are considered 'Housing Hotspots'

Average Sold Price	$300,000 - View Graph Trend

Woodbridge Local News

News for Woodbridge, VA - September 15th, 2010 2:43pm
Prices are on the rise in Woodbridge. BRAC is moving thousands of jobs to the area in 2011 and will create a further shortage, causing prices to rise even more. Buying now is smarter than waiting. The bottom in Woodbridge was between 18 and 24 months ago.

Contact Information

Patrick Conneen

540-379-2796

Request More Information

Let me answer your questions!

Ask Me!

Blog Archives

September 2010 (1)

Mortgage Rates

– May 28th, 2012 –
---------------------------------

30 yr. fixed rate: 3.82%
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%

Home Values

Street

Zip Code

Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

Click here for full article...

First Name
Last Name
Email
Phone

Questions or Comments


Search Homes	Property Type	Min Price	Max Price	Min Beds	Min Baths

Woodbridge Real Estate Market Trends – Virginia

Woodbridge Real Estate Market Conditions and Trends