Business & Tech

Prince George's Housing Prices Show Best Year-Over-Year Increase

Metrowide sellers received 96 percent of their asking price, on average, according to the Washington Business Journal.

 

Prince George's County housing prices showed the best year-over-year increase in the Washington metro region, according to listings Service MRIS, Washington Business Journal reports.

Prince George's County still has the lowest housing sales prices in the region, but the median sales price was up 20 percent from last year at this time to $180,000.

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The data shows on average, metrowide sellers got 96 percent of their asking price. It also shows houses on average are spending 54 days on the market before selling, down from 78 days a year ago, according to the Business Journal report.

Take a look at prices for homes for sale in Greenbelt, Maryland.

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Greenbelt Homes, Inc. (GHI) shows 53 units for sale, ranging from a one-bedroom frame on 8 Research Rd. for 59,897 to a two-bedroom frame and single detached home with an addition on 3 Woodland Way for $255,000.

Greenbelt-wide listings range from a 1 bedroom, 1 bath condo at 8645 Greenbelt Rd. for $29,900 to a 5 bedroom, 4 bath single family home at 7905 Kara Court for $359,000, on AOL real estate listings.


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