• Homes currently for sale: 56
  • Closed sales for homes in September 2013: 25
  • Average sale price: $346,144
  • Average list price: $360,943
  • Sales price to list price ratio: 95.9%
  • Average days on the market: 34
  • Number of sales currently pending: 53
  • Manassas City 20110 Absorption rate for homes: 2.24 months of inventory. A normal, or balanced absorption rate is 5-7 months of inventory. Less than 5 months of inventory is indicative of a seller’s market, while more than 7 months of inventory is indicative of a buyer’s market.

Currently Listed Manassas City 20110 Single Family Homes


This Manassas City home market report takes a look at single family detached home sales (not sales of condos or townhouses) in Manassas, VA 20110. Home sales in this Manassas zip code are currently in a seller’s market, with only 2.24 months of inventory as of today, November 5th. One important measure of home market activity is the average number of days on the market. In September, this number was 34, which was 19% below the average in September over the last 5 years, which was 42 days. A lower average can be reflective of higher demand, but it can also be indicative of more competitive pricing on the part of sellers.

Another important market indicator to look at is the contract ratio, which is the number of pending home sales compared to the number of active listings not yet under contract. For Manassas, 20110 home sales in September, the contract ratio was 0.59. This was down significantly from August of this year, when it was 1.07, but it represented virtually no change from September of 2012. That said, it was 53% lower than the average contract ratio in September for home sales in Manassas, 20110 over the last 5 years, which was 1.26. Generally speaking, a lower contract ratio points to market movement in favor of buyers, while a higher contract ratio shows movement toward sellers.

Home sellers in Manassas, 20110 are still in a position to benefit from the low inventory in the area. Call me on my cell phone if you’d like a free comparative market analysis of your home. This will give you a better idea of what your Manassas home is worth and will help you decide if it is a good time to sell.

Home buyers in Manassas, 20110 should find a great buyer agent to help them get the best deal possible. I’m an experienced buyer agent who grew up in Northern Virginia and knows the Manassas home market very well. Contact me so I can go to work for you!