Monthly real estate overview:
PWC is still one of the most active real estate markets in the Northern Virginia area with average sale price increasing by 11%for this time last year. Inventory is still low, down by 26%, which is bad news for buyers going into the spring market but the green light for anyone wondering when is the best time to sell in Prince William.
Areas to watch: 20112 in Manassas is starting to see an increase in resale inventory and area builders are making it tough for regular resales. If you own a home in this zip code and want to sell, think about staging and pricing aggressively.
Stat that sticks out: Average days on the market decreased by 20%.
