Price Cuts Record in Prince George's County Real Estate Market

The Prince George's County market saw 770 more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since last October at 910. When comparing other close-by counties within the same period, the most came from Fairfax County with 1,554 price reductions. Potential buyers should note that prices went up in Prince George's County, with the median for this period rising from $261,000 to $264,700. Despite the slip in sales, a relatively low three months of inventory indicates that Prince George's County is a seller's market.

If you're trying to find a bargain, make sure you look into these homes in Prince George's County with recent price reductions:

$629K   $375K   $225K  

Get started right now by checking out Prince George's County homes for sale or reviewing Prince George's County real estate trends.

Demographic facts for Prince George's County:

  • This area has a population growth rating of 45. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 160.2 per 100,000 people.
  • The health cost index score in this area is 102.6. (100 = national average)
  • Residents who travel to work by car account for 64.6% of all commuters, while carpools account for 12.4%, and public transit makes up 17.2%.

Data reported through 10/19/2016

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Carrington Real Estate Services, LLC.
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Keller Williams Capital Properties
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