MARYLAND and NORTHERN VIRGINIA real estate reports show significant reduction in numbers of homes sold February 2007 to February 2008 and list prices sold February 2007 to March 2008.  

The counties reflected below are areas of high volume real estate in Maryland and Northern Virginia

# Properties Sold Feb. 2007, Feb. 2008, March 2008
*
MARYLAND# Sold Feb 2007# Sold Feb 2008# Sold Mar 2008
*
Frederick County258144137
Montgomery County944500514
Prince George's Cty817290275
*
VIRGINIA
*
Fairfax County1313722857
Loudoun County503285312
Prince William Cty460340434
*
*
# Properties Sold Feb. 2007, Feb. 2008, March 2008
MARYLAND# Sold Feb 2007# Sold Feb 2008# Sold Mar 2008
*
Frederick County258144137
Montgomery County944500514
Prince George's Cty817290275
*
VIRGINIA
*
Fairfax County1313722857
Loudoun County503285312
Prince William Cty460340434
*
*
$$ Properties Sold Feb. 2007, Feb. 2008, March 2008
*
MARYLAND$ Sold Feb 2007$ Sold Feb 2007$ Sold Mar 2008
Frederick County$345,763 $357,844 $338,748
Montgomery County$537,760 $589,161 $540,800
Prince George's Cty$337,036 $310,901 $318,130
*
VIRGINIA
*
Fairfax County $549,031 $489,477 $497,336
Loudoun County$537,905 $441,181 $443,610
Prince William Cty$425,141 $315,915 $316,091
*
Source:  MLS MD/VA
*

 MAP HOMEFINDERS.COM REAL ESTATE MARKET AREA IS MARYLAND AND NORTHERN VIRGINIA

                      

Ask about the Homefinders FREE Home Warranty and Home Inspection REBATE.        

Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988. 

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4 Comments on MARYLAND AND NORTHERN VIRGINIA HOME PRICES, Review of prices and number sold.

APR
03
2008
567,819 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router
Looks like it took Feb and March to equal what sold in February 2007 or close to it. Do you think it was the amount of inventory or the weather? 
7:08am • #1
832,166 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

Missy.  I believe it was a combination of "The Sky is Falling" media reports, the extreme difficulty of getting mortgage loans, and the slow rate at which prices are adjusting.  Whew.

I looked at these statistics last evening just to get a handle on the trend for 2008. 

7:14am • #2
359,393 Points 59 Featured Posts Localism Sponsor Outside Blog Hit Router
Lenn, while sales volumes are most certainly way down from a year ago, it's good to see a slight bump up in both # of sales and prices from February to March.
7:32am • #3
832,166 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

Brian, Brian, Brian.  As long as the prices stay up, the buyers will stay at home.  We are not yet at parity for incomes and average prices.  Not yet. 

 
8:00am • #4

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