Current Number of Homes Active and Under Contract:

Here is the breakdown as of November 5th, 2007

-- The end of October saw a large number of homes Expire and come off the market.  Because of this; most inventory levels dereased.  Whether or not they are re-listed and return to the market will be determined in the coming weeks.

Here are the number of homes on the market including the number of homes that were taken "OFF" the market last week.  

example: Single Family Homes in DC; 47 less on market from last week, but 80 were taken off - in reality 33 new listings came on the market.

Washington DC

Single Family:     Actives: 1887 ( Down 47 from last week)  OFF: 80      Under Contract: 417

Condos:             Actives: 1493 ( Down 22 from last week)  OFF: 46      Under Contract: 444

Arlington County

Single Family:        Actives: 540 (Down 17 from last week)   OFF: 18        Under Contract: 121

Condos:                Actives: 583 (Up 23 from last week)      OFF: 12        Under Contract: 105

Prince Georges County

Single Family:        Actives: 6480 (Down 198 from last week)  OFF: 276      Under Contract: 566

Condos:                Actives: 810  (Down 14 from last week)     OFF: 37       Under Contract: 102

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.

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