Brian sixty days on the market is fantastic! Our average days on the market up here in Mass is around 150 days and still rising!

Brian - in a market where loans are nearly non-existent, 150 sales is nothing to sneeze at.  Remember where we were in January when Alexandria recorded an abysmal 77 sales.  Last month you were telling us that even though sales are down YOY they are increasing as a percentage of prior years sales.  For example, March 2008 had 112 sales, 60% of the 186 sales for March 2007.  Now we have 150 april sales, 74% of the 204 sales in April 2007.

In my mind, 150 sales is nothing but good news. 

No doubt about it, areas of Alexandria and Arlington are not affected by the market as much as others.  When you can hop on Metro or the 14th Street Bridge and be in DC in 10 minutes, homes will sell.

BILL:  Thanks for your comment.  I agree that 60 days is not too bad.  And when I've told potential sellers this, they are quite surprised.  There are other areas that are doing much worse, but 2 months on the market -- you can't really complain.

JASON:  Now, you've been paying attention!  And I certainly agree, sales are rising percentage-wise and the market is looking better and better, at least here in Alexandria.  Thanks for reading.

LENN:  Proximity to D.C. definitely makes the difference.  Isn't there an expression in real estate?  Location. Location. Location.

We are still much higher days on the market and nearly a years supply of homes. I'm so jealous.

Brian, 60 days on the market is encouraging. Let's hope those times keep tightening up each month.

HI Brian,

It sounds challenging.  We have a large increase in inventory here and less buyers causing a shift in our market.  Until recently we were unaffected by the changing market.  Some segments are still strong but we have still been affected.  

TERRY:  Our market is definitely still moving.  Certainly a slowdown from recent years, but not much to complain about when I look around at other markets around the country.

DUANE:  If all my seller clients could sell their homes in 60 days or less, they'd be very happy campers indeed.

TRACY: The market is always challenging, one way or the other.  Glad to hear that you hadn't been affected to much down in your area of North Carolina.

I was in a few locations where I bumped into you this week in DC.  Just thought I'd look you up on Active Rain and say hello.  (hello)

CHRIS:  Hello to you too!  I know we didn't get too much of a chance to chat, but at least we saw one another :)  I hope you enjoyed your stay in D.C.