Jamie Casamento

Sterling Real Estate Market Statistics for Condo's - February 2^nd 2008:

•· Current Sterling condo home inventory = 148 homes.

•· Sterling condo sold price range = Low $164,900 - High $384,000.

•· Properties sold or under contract over the past 30 days = 19.

•· Current absorption rate or average length of time a Sterling home stays on the market = 7.8 months.

The Sterling real estate market is gaining momentum in the condo market. Condo's are moving faster now then they have in quite a while, the average time to sell a Sterling condo is just under 8 months. However, we still have many distressed condo's in the market and they are putting downward pressure on prices but overall, the trend appears to be good and the outlook is promising!

Time will tell, but we may be turning the corner on this market. Rates are great and inventories are starting to shrink which usually pushes home values up. If you are looking to sell...things are looking up. If you are looking to purchase...now may be the best time ever. By the time the newspapers start reporting that the market is improving it will be too late to get a great deal. Now may be the best time ever to purchase a home!

If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.homesdatabase.com/callcasa.

I am here for you for every step.

Jamie Casamento - Realtor
703.728.7060
http://www.realestate777.com/

ERA Teachers, Inc.

Sterling Detached Homes Real Estate Market Update

For January 18^th 2008:

•· Current home inventory = 322 homes.

•· Price range for the Sterling area = Low $209,900 - High $840,000.

•· Properties sold or under contract over the past 30 days = 85.

•· Current absorption rate or average length of time a Sterling home stays on the market = 3.8 months.

The Sterling market picked up some momentum over the past couple weeks with inventories shrinking and homes moving faster. The number of available detached homes dropped by 45 units since mid-December, some of this may be due to the season however, the pace of sales remained strong at 85 over the past 30 days.

Time will tell but we may be turning the corner on this market. Rates are great and inventories are starting to shrink which usually pushes home values up. If you are looking to purchase it may never be better!

If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/.

I am here for you for every step.

Jamie Casamento

Realtor ERA Teachers, Inc.

703-728-7060

http://www.realestate777.com/

Sterling Attached Homes Real Estate Market Update

For January 18, 2008:

•· Current home inventory = 235 homes.

•· Price range for the Sterling area = Low $149,900 - High $629,900.

•· Properties sold or under contract over the past 30 days = 56.

•· Current absorption rate or average length of time a Sterling home stays on the market = 4.2 months.

If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/.

I am here for you for every step.

Jamie Casamento

Realtor ERA Teachers, Inc.

703-728-7060

www.realestate777.com

Sterling Condo Real Estate Market Update

For January 18, 2008:

•· Current home inventory = 145 homes.

•· Price range for the Sterling area = Low $125,000 - High $849,900.

•· Properties sold or under contract over the past 30 days = 16.

•· Current absorption rate or average length of time a Sterling home stays on the market = 9.1 months.

If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/ or.

I am here for you for every step.

Jamie Casamento

Realtor ERA Teachers, Inc.

703-728-7060

www.realestate777.com

Sterling Rental Market Update for January 18, 2008:

•· Current rental inventory = 78 homes.

•· Rental price range for the Sterling area = Low $1100 - High $2,600.

•· Number of properties rented or applied for rental = 49.

•· Current absorption rate or average length of time a Sterling home stays on the rental market = 1.6 months. This figure has reduced from 2 months of inventory in November.

If you would like to know specific details about homes in your neighbor-hood call me at 703-728-7060 or check out the free MLS search on my website @ http://www.realestate777.com/ or.

I am here for you for every step.

Jamie Casamento

Realtor ERA Teachers, Inc.

703-728-7060

www.realestate777.com