Realty Times - Manassas, Virginia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Manassas

Market Conditions Summary for Manassas, Virginia

Reported by

Cathy Strittmater
as of 2/1/2012:

Manassas City has seen an increase in home values since the low of 2009. A little slower to recover than some other Western Prince William towns, it is on a healthy swing upward in its local real estate. A plethora of foreclosues and short sales has... MORE->
About Cathy Strittmater

Reported by

Stacy Martin
as of 2/1/2012:

During the month of January, 79 homes sold in Manassas in the price range from $85,000 to $600,000. In addition, there are 287 homes currently under contract. There are 221 homes on the market, ranging from $75,000 to $999,965. Some of these homes... MORE->
About Stacy Martin

Reported by

Tony Ward
as of 1/28/2012:

"Existing-home sales have bounced around this year, staying relatively close to the current level in most months," he said. "With rising jobs and excellent affordability conditions, we project moderate improvements into 2012, but not every month... MORE->
About Tony Ward

Reported by

Susan Jacobs & Patrick DiPaolo
as of 12/15/2011:

There are few bank owned homes for sale. The number of short sales has started to slow as well. With the shortage of inventory most homes are selling with in 60... MORE->
About Susan Jacobs & Patrick DiPaolo

Average Current Market Rating: 3 (4 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 3.5 (4 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Virginia > Manassas

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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