A couple of statistics jumped out at me as I was looking at a real estate report about Bristow, Virginia from RBI (Real Estate Business Intelligence) an MRIS company. One was the number of active listings this July 53 compared to July last year 104. The 49% less home for sale is a significant amount and explains how competitive the current market it for buyers and agents.
Only 39 homes were sold this July compared to 56 last July but the number that jumps out at me from this is that 19 out of the 39 were sold in less than 10 days, another example of the current sellers market. There is a shortage of available homes for sale that are ready to be lived in. However, there are many builders throughout western Prince William County that can provide an array of styles and setting for those who are interested in new homes.
If you have any real estate or area related questions or you're interested in buying or selling a home in Northern Virginia, contact or call Cleo 1.703.609.7407 & put our team of Northern Virginia home experts to work for you!