Real Estate Market on the Rise

PRINCE WILLIAM COUNTY, VIRGINIA… Real estate assessments from Prince William County show that the real estate market is coming back strong. Both residential and commercial real estate values are on the rise in Prince William County.

Preliminary analysis of assessments indicates that the average residential home value in Prince William County is up 7.5% and the average commercial property value is up 2.5% from last year. This is welcomed news to homeowners and commercial property owners.

“This is great news,” said Corey Stewart, Chairman of the Prince William Board of County Supervisors. “It shows what we have been saying all along, that Prince William County is a community people want to live in and businesses want to locate. It shows we have a very strong economy and that we are emerging from the recession far better than most.”