Here is the breakdown as of June 16th, 2009

The number of properties under contract continue to be at higher levels than we have seen in many years.  Inventory levels; especially in the Single Family Home Category - continue to be stable or slightly decreasing overall.

Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week. 


 

Washington DC

Single Family:     Actives: 1862 (Down 2 from last week)      Expired: 50       Under Contract: 711 (Up 14)

Condos:              Actives: 1419 (Up 31 from last week)        Expired: 56       Under Contract: 520 (Up 24)  

 

Arlington County

Single Family:     Actives: 455 (Down 11 from last week)        Expired: 3         Under Contract: 252 (Up 8)

Condos:              Actives: 510 (Down 2 from last week)          Expired: 9         Under Contract: 209 (Up 7)

 

Prince Georges County

Single Family:     Actives: 5551 (Up 5 from last week)          Expired: 125        Under Contract: 1832 (Up 49)

Condos:              Actives: 813 (Down 6 from last week)        Expired: 42         Under Contract: 135 (Down 2)

 

Montgomery County

Single Family:     Actives: 3621 (Up 30 from last week)         Expired: 57        Under Contract: 2151 (Up 51)

Condos:              Actives: 1251 (Down 16 from last week)     Expired: 123        Under Contract: 433 (Down 1)

 

It is important to see the number of homes taken "Off" the market.  While many of these homes will return to the marketplace a week or two; seeing a listing "expire" means that the seller and agent thought or expected the home to be sold by now.