Real Estate Trends

By Beth Paisley

Real Estate Agent with Long and Foster Webber and Associates,480 W Jubal Early Dr #100, Winchester, VA 22601

February 13, 2008 10:47 PM

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$30K to >$500K Format

Frederick County, VA
From: 01/01/2008 to 01/31/2008 Statistics generated on: 02/06/2008

Residential Unit Sales Number of Bedrooms				Active Listings		Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop and Ground Rent	Residential	Condo Coop and Ground Rent	of Units Sold (No. of Units)
Under $30,000	0	0	0	0	0	0	1 -30 Days	9
$30,000-$39,000	0	0	0	0	0	0	31-60 Days	5
$40,000-$49,999	0	1	0	0	1	0	61 - 90 Days	6
$50,000-$59,999	0	0	0	0	0	0	91-120 Days	5
$60,000-$69,999	0	0	0	0	0	1	Over 120 Days	25
$70,000-$79,999	0	0	0	0	2	0	Total	50
$80,000-$89,999	0	0	0	0	0	0
$90,000-$99,999	0	0	0	0	3	0	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	1	0	1	0	5	0	Type of Financing of Units Sold (No. of Units)
$120,000-$139,999	0	0	0	1	8	2	Conventional	28
$140,000-$159,999	2	1	1	0	38	9	FHA	5
$160,000-$179,999	1	2	1	0	57	0	VA	1
$180,000-$199,999	0	7	1	0	102	1	Assumption	6
$200,000-$249,999	0	5	3	0	176	0	Cash	7
$250,000-$299,999	0	0	2	0	197	1	Owner Finance	2
$300,000-$399,999	1	3	13	0	232	0	All Other	1
$400,000-$499,999	0	1	1	0	103	0	Unreported	0
Over $500,000	0	0	1	0	107	0	Total	50
Totals	5	20	24	1	1031	14
Grand Totals	50				1045

2008	2007	% Change
Total Sold Dollar Volume:	$ 12,678,199	$ 14,704,560	- 13.78 %
Average Sold Price:	$ 253,564	$ 277,445	- 8.61 %
Median Sold Price:	$ 223,500	$ 267,000	- 16.29 %
Total Units Sold:	50	53	- 5.66 %
Average Days on Market:	137	126	8.73 %
Average List Price for Solds:	$ 286,757	$ 292,997	- 2.13 %
Avg Sale Price as a percentage of Avg List Price:	88.42 %	94.69 %

Total Number of NEW listings
taken for the month:	232
Total Number of Properties
marked Contract for the month:	49
Total Number of Properties
marked Contingent for the month:	26
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS):	75