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Market Conditions for Manassas, Virginia
Reported by Glenda Cherry, ABR, e-PRO, SRES, REALTOR®
Updated August 3, 2009.
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Current Market Rating: 2
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Buyer's
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Seller's
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Current Price Trend: 2
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Falling
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As of August 3, 2009, there are 305 active residential listings in Manassas (including the City of Manassas and Manassas Park) and the average number of days on market is 98. The list prices range from $69,900 to $1,389,000; the average list price is $330,000 and the median is $299,900. The current market absorption rate is 1.41.
217 residential sales in Manassas (including the City of Manassas and Manassas Park) closed during the month of July 2009 (down from 249 sales closed in June). These sales ranged in price from $21,500 to $993,600.
The average list price was $209,482 (up from $204,529 in June) and the average net sales price (less seller concessions) was $204,968 (up from $199,736 in June).
The median list price was $167,000 (down from $175,000 in June) and the median net sales price was $161,900 (down from $171,322 in June).
For sales closed in July, the number of days on market ranged from 0 to 1,060 and average number days on market was 62 (down from 80 days in June).
Check my web site for graphs depicting historical home sale data and a list of recent home sales in Manassas.
For more information regarding these statistics, please feel free to contact me directly, either by phone or email.
Want to know what your home is worth? Contact me for a free, no-obligation Home Valuation Report!
(Source: Metropolitan Regional Information Systems, Inc. (MRIS) - Information deemed reliable, but not guaranteed.)
ZIP Codes: 20109, 20110, 20111, 20112
Location Characteristics: Although best-known for its role in Civil War history, Manassas (including the City of Manassas and Manassas Park) has evolved into a thriving technology center, offering a highly educated workforce. Commuting alternatives include a commuter rail system, a regional airport, and several major highways including the recently opened Prince William Parkway. Manassas is home to some of the most affordable real estate in the Northern Virginia area and offers amenities such as museums, shopping, parks & recreation (including several acclaimed golf courses), and more!
For More Information:
View Market Conditions of other areas served by Glenda Cherry
Navigate: Top > Virginia > Manassas
About Glenda Cherry:
Full-time, licensed Real Estate Agent
National Sales Award (Top 5% Nationwide)
Accredited Buyer Representative (ABR)
e-PRO Internet Professional (e-PRO)
Seniors Real Estate Specialist (SRES)
Weichert, Realtors Relocation Specialist
Weichert, Realtors Rental Certification
Certification of Completion—Relocation 101—Assisting Consumers with Corporate-Sponsored Moves (Worldwide ERC Training Institute)
Member, National Association of Realtors, Virginia Association of Realtors, Northern Virginia Association of Realtors
Over 20 years of management and technology experience.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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