Northern Virginia Home Sales Report February 2009

Posted by Super Admin on Wednesday, March 11th, 2009 at 10:27am.

FEBRUARY Home Sales 2009 vs. 2008FEBRUARY HOME SALES 2009 2008

Detached 429 417

Attached 342 292

Condos & Co-ops 296 260

Total
(+10.11%) 1,067 969

Average Days On Market (-6.03%) 109 116

Pending Home Sales (+19.07%) 1,817 1,52

Active ListingsTIVE LISTINGS

Detached 3,836 4,405

Attached 1,828 2,571

Condos & Co-ops 2,147 2,521

Total (-17.75%) 7,811 9,497

Months Supply (-25.31%) 7.32 9.80

Sales Price

Average (-20.70%) $380,077 $479,320

Median (-22.53%) $318,000 $410,500

Year to DateYEAR TO DATE

YTD Homes Sold (+22.55%) 2,065 1,685

YTD Sales Volume $781,458,176 $812,479,925

YTD Average Sales Price (-21.52%) $378,430 $482,184

*EDITOR’S NOTE:
Figures are based on data extracted from the Metropolitan Regional Information System,

Inc. (MRIS). Figures include data collected from the counties of Fairfax and Arlington, and the cities of

Alexandria, Falls Church, Fairfax, and the towns of Vienna, Herndon and Clifton. Ground Rent units are

included in Condos & Co-ops. The information is deemed reliable but not guaranteed. Data maintained by

MRIS may not reflect all real estate activity in the market.

REALTOR® is a registered mark which identifies a professional in real estate who subscribes to a strict

Code of Ethics as a member of the NATIONAL ASSOCIATION OF REALTORS®.

NORTHERN VIRGINIA ASSOCIATION OF REALTORS®


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