Current Number of Homes Active and Under Contract in the Washington DC area:

Here is the breakdown as of April 14th, 2008

In most of the areas in the DC area; the number of homes on the market is at the highest point of the year so far.  This should continue through the end of June.

 

example: Single Family Homes in DC; 74 more on market from last week, but 28 "expired" - in reality 102 new listings came on the market.

Washington DC

Single Family:     Actives: 1923 (Up 74 from last week)           Expired: 28         Under Contract: 464

Condos:             Actives: 1528 (Down 18 from last week)        Expired: 22         Under Contract: 399

 

Arlington County

Single Family:     Actives: 523 (Up 6 from last week)               Expired: 4          Under Contract: 148

Condos:             Actives: 548 (Up 19 from last week)             Expired: 1          Under Contract: 168

 

Prince Georges County

Single Family:     Actives: 6891 (Up 130 from last week)          Expired: 106      Under Contract: 686

Condos:             Actives:  841  (Up 4 from last week)             Expired: 15        Under Contract: 104

 

Montgomery County

Single Family:     Actives: 4981 (Up 113 from last week)          Expired: 38       Under Contract: 1126

Condos:             Actives:  1423  (Down 25 from last week)      Expired: 12        Under Contract: 337

 

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.

    

Call James for all your Real Estate needs and questions; servicing Virginia, Maryland and the Greater Washington DC area.

Coldwell Banker Residential Brokerage - Chevy Chase
5028 Wisconsin Ave NW  Suite 100
Washington DC 20016
202-351-5800 Main Office
Licensed in DC,MD,VA

 

 

 

 
This post has been included in District of Columbia Information
Post is included in group: Montgomery County Maryland Real Estate Professionals
Post is included in group: Washington, DC Mortgage and Real Estate Issues
Post is included in group: Northern Virginia Real Estate
Post is included in group: City & State: Listings and Market Reports

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James Downing - REALTORĀ®,GRI, ABR - DC Real Estate

Washington, DC

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Coldwell Banker Residential Brokerage

Address: 5028 Wisconsin Ave NW, Suite 100, Washington, DC, 20016

Office Phone: (202) 362-5800

Cell Phone: (703) 244-3971

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