Northern Virginia Real Estate - Real Estate Trends - Aug 2009

2009

2008

% Change

Total Sold Dollar Volume:

$ 622,881,846

$ 618,864,421

0.65 %

Average Sold Price:

$ 449,086

$ 456,727

- 1.67 %

Median Sold Price:

$ 381,500

$ 375,000

1.73 %

Total Units Sold:

1,387

1,355

2.36 %

Average Days on Market:

61

89

- 31.46 %

Average List Price for Solds:

$ 474,161

$ 494,555

- 4.12 %

Avg Sale Price as a
percentage of Avg List Price:

94.71 %

92.35 %

Total Number of NEW listings

taken for the month:

1645

Total Number of Properties

marked Contract for the month:

675

Total Number of Properties

marked Contingent for the month:

924

Total Number of NEW pendings

(CONTRACTS + CONTINGENTS):

1599