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Resale Status 8/14/2007
August 14th, 2007 10:50 PM
There are currently 48 resale listings in Heritage Hunt (not counting For Sale By Owner homes). This number is down from a high of 62 in early spring.  While prices have continued to decline over the past 18 months the decline appears to be slowing.  Prince William County in general has had 3 consecutive months of slight improvement in the resale area. Specifically, the number of resale homes on the market has declined each month (slightly) and the number of sales has increased (slightly). While the numbers are far from 2005 stats the gradual improvement may be indicating the bottom of the housing slump for this area. Another positive influencing factor for HH is that the builder will be closing down the single family home sales around the end of the year. That will force those desiring to be in Heritage Hunt to buy resale. Contact me with any questions

Posted by David Shollenberger on August 14th, 2007 10:50 PMPost a Comment (0)

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