Laura Evans

NORTHERN VIRGINIA ASSOCIATION OF REALTORS

June listings compared to May: Decreased 5% to 7,617.

June sales units compared to May: Increased 20% to 2,169.

June 2009 Sales Units compared to June 2008 Sales Units: Up 14%.

The average sold price for all homes in June was $451,354, Down 7% compared to 2008

Absorption Rate* comparing January thru June 2009:

	JAN	FEB	MAR	APR	MAY	JUN
Under 249,999	180 days	177 days	151 days	133 days	130 days	117 days
250,000 - 299,999	177 days	165 days	138 days	125 days	97 days	85 days
300,000 - 399,999	165 days	170 days	114 days	113 days	100 days	80 days
400,000 - 499,999	196 days	179 days	157 days	110 days	101 days	78 days
Over 500,000	402 days	409 days	298 days	276 days	197 days	135 days

DULLES ASSOCIATION OF REALTORS (LOUDOUN COUNTY)

June listings compared to May: Decreased 3% to 2,272.

June sales units compared to May: Increased 19% to 523.

June 2009 Sales Units compared to June 2008 Sales Units: Decreased 5%.

The average sold price for all homes for June was $384,036, Down 8% compared to 2008.

Absorption Rate* comparing January thru June 2009:

	JAN	FEB	MAR	APR	MAY	JUN
Under 249,999	158 days	163 days	124 days	101 days	110 days	113 days
250,000 - 299,999	192 days	156 days	153 days	137 days	167 days	92 days
300,000 - 399,999	197 days	145 days	153 days	150 days	118 days	99 days
400,000 - 499,999	267 days	343 days	168 days	157 days	154 days	118 days
Over 500,000	491 days	570 days	435 days	395 days	268 days	201 days

PRINCE WILLIAM ASSOCIATION OF REALTORS

June listings compared to May: Unchanged at 3,135.

June sales units compared to May: Decreased 9% to 795.

June 2009 Sales Units compared to June 2008 Sales Units: Decreased 19%

The average sold price for all homes for June was $224,273, Down 18% compared to 2008.

Absorption Rate* comparing January thru June 2009

	JAN	FEB	MAR	APR	MAY	JUN
Under 249,999	140 days	130 days	105 days	109 days	92 days	102 days
250,000 - 299,999	169 days	156 days	146 days	131 days	110 days	123 days
300,000 - 399,999	169 days	233 days	152 days	137 days	110 days	140 days
400,000 - 499,999	359 days	312 days	197 days	186 days	154 days	162 days
Over 500,000	470 days	608 days	416 days	476 days	303 days	241 days

Prices crept a little back in May. The tight inventory is being felt. Data provided by Metropolitan Regional Information Systems.

Can someone explain to me why real estate agents are all over Facebook, but yet they hide their personal infiormation that may actually get someone to connect with them. Why would you add me to your circle without knowing anything about me? What would provoke you to pick up the phone or email me? You can hide individuals from your wall and control what contents different people see. It seems silly that even the basic contact info is hidden for most professionals. I believe that they are missing the boat.

Maybe one of you that is smarter than me can give me the missing clue? I must be missing something.

Let me know your thoughts.

Laura Evans

Prudential Carruthers Realtors

Homes in Lake Ridge, Homes in Prince William County, Homes in Dumfries, Homes in Montclair, Homes in Woodbridge, Homes in Lorton, Homes in Fairfax

Sales Statistics for PRINCE WILLIAM County VA

Realist's most recent recording date for this county is 05/11/2009

Single Family Residence
Time Period	Number of Sales	Median Sale Price
Mar 2009	801	$217,360
Mar 2008	658	$299,900
Feb 2009	661	$219,900
Feb 2008	454	$300,000
2009 YTD	3,009	$217,360
2008	10,474	$250,000

Condominium
Time Period	Number of Sales	Median Sale Price
Mar 2009	102	$215,493
Mar 2008	51	$276,075
Feb 2009	53	$131,000
Feb 2008	54	$273,584
2009 YTD	298	$187,750
2008	801	$236,890

While prices begin to flatten and stop the decline, Sales are alot more brisk than this time last year.

Homes in Prince William County, Woodbridge, Lake Ridge,Dumfries, Montclair, Springfield, Alexandria, Lorton, Manassas

This monthly Market Update separately includes the Northern Virginia Association of Realtors, the Dulles Association of Realtors (Loudoun County), and the Prince William Association of Realtors. Numbers do not include new homes not listed on MRIS, which are probably not significant at this time.

The significant increases in sales and significant reductions in Average-days-on-market that began in March have continued in April. The improvements appear in virtually all price ranges and areas. For April, Prince William continued to lead market activity with the lowest overall average time on the market, 26% below NVAR and 40% below Loudoun.

NORTHERN VIRGINIA ASSOCIATION OF REALTORS

April listings compared to March: Increased 2% to 8,234.

April sales units compared to March: Increased 12% to 1,544.

April 2009 Sales Units compared to April 2008 Sales Units: Up 6%.

The average sold price for all homes in April was $405,514, Down 16% compared to 2008

Absorption Rate* comparing November 2008 thru April 2009:

	NOV	DEC	JAN	FEB	MAR	APR
Under 249,999	184 days	109 days	180 days	177 days	151 days	133 days
250,000 - 299,999	182 days	116 days	177 days	165 days	138 days	125 days
300,000 - 399,999	180 days	116 days	165 days	170 days	114 days	113 days
400,000 - 499,999	208 days	126 days	196 days	179 days	157 days	110 days
Over 500,000	354 days	228 days	402 days	409 days	298 days	276 days

DULLES ASSOCIATION OF REALTORS (LOUDOUN COUNTY)

April listings compared to March: Increased 4% to 2,421.

April sales units compared to March: Increased 4% to 370.

April 2009 Sales Units compared to April 2008 Sales Units: Decreased 13%.

The average sold price for all homes for April was $352,578, Down 10% compared to 2008.

Absorption Rate* comparing November 2008 thru April 2009:

	NOV	DEC	JAN	FEB	MAR	APR
Under 249,999	140 days	123 days	158 days	163 days	124 days	101 days
250,000 - 299,999	233 days	139 days	192 days	156 days	153 days	137 days
300,000 - 399,999	230 days	146 days	197 days	145 days	153 days	150 days
400,000 - 499,999	210 days	153 days	267 days	343 days	168 days	157 days
Over 500,000	432 days	385 days	491 days	570 days	435 days	395 days

PRINCE WILLIAM ASSOCIATION OF REALTORS

April listings compared to March: Decreased 5% to 3,341.

April sales units compared to March: Decreased 5% to 845.

April 2009 Sales Units compared to April 2008 Sales Units: Increased 15%

The average sold price for all homes for April was $204,524, Down 28% compared to 2008.

Absorption Rate* comparing October 2008 thru April 2009

	NOV	DEC	JAN	FEB	MAR	APR
Under 249,999	137 days	101 days	140 days	130 days	105 days	109 days
250,000 - 299,999	261 days	173 days	169 days	156 days	146 days	131 days
300,000 - 399,999	185 days	150 days	169 days	233 days	152 days	137 days
400,000 - 499,999	159 days	173 days	359 days	312 days	197 days	186 days
Over 500,000	243 days	627 days	470 days	608 days	416 days	476 days

*Absorption Rate is the number of days, at current rates of sale, that would be required to dispose of current inventory, provided no additional listings are added to the market. This calculation accurately tracks market conditions and has been used by the home building industry for more than 30 years.

Laura Evans

Prudential Carruthers Realtors

703-508-1091

Laura@VAsells.com

Homes in Northern Virginia, Homes in Prince William County, Homes in Fairfax Virginia, Homes in Stafford, Homes in Lake Ridge, Homes in Woodbridge