Inside Prince William Trends: Single Family Detached Prices


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    December 7, 2007

    Prince William Single Family Detached Home Prices

    by Merv on Friday, December 7, 2007 at 08:40 AM | [0] Comments [2] Blog links
    November shows a slowdown in price decline. Prince William is still struggling with about a 17 to 18 month supply of inventory on hand compared to 11 months for Loudoun and a bit over 9 months for Fairfax. November year over year shows a price decline of nearly 14% and a 21% drop from January 2006. I have said all along that a 25% drop would not surprise me. So, breathtaking but not surprising. Prince William was heavily over built and over invested.
    Price trend chart showing Prince William County single family, detached, re-sale homes less than $1,000,000.

    Hover on data points to view values. Chart rendering requires Flash 8.


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