Current Number of Homes Active and Under Contract in the Washington DC area:
Here is the breakdown as of April 27th, 2009
Inventory continues to decrease in most area. More importantly - the number of homes Under Contract are also climbing.
Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week.
Washington DC
Single Family: Actives: 1976 Expired: 18 Under Contract: 639
Condos: Actives: 1536 Expired: 13 Under Contract: 447
Arlington County
Single Family: Actives: 527 Expired: 1 Under Contract: 193
Condos: Actives: 562 Expired: 2 Under Contract: 175
Prince Georges County
Single Family: Actives: 5895 Expired: 70 Under Contract: 1533
Condos: Actives: 878 Expired: 8 Under Contract: 100
Montgomery County
Single Family: Actives: 3775 Expired: 15 Under Contract: 1840
Condos: Actives: 1286 Expired: 7 Under Contract: 406
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.
Contact James Downing of the Downing Real Estate Group, if you are selling, buying or have questions!
Office: 202-362-5800 Cell: 703.244.3971
Licensed in Washington DC, Virginia & Maryland.
Coldwell Banker Residential Brokerage - Chevy Chase
5028 Wisconsin Ave NW Suite 100 * Washington DC 20016
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