Saturday, February 9, 2008

Manassas - January 2008 Trend Report

Residential Homes trended DOWN by 26.9% (January Year-to-Year)

Original Price: $287,960
Sales Price: $242,567 (84.2% of Original Price)
Average Days on Market: 129
Number of Homes Sold: 89

Currently Active Listings:
Average List Price: $245,153
Average Days on Market: 129
Total Listed: 1812

It is important to know the path the market is currently on. Sellers need to lead the market not follow. Continually lagging behind the trend will lead to higher days on the market and lower "walkaway" sales prices.

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