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Market Stats

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Most of the statistics, graphs and charts you’ll find in my web site are extracted from “MRIS” (the Metropolitan Regional Information System), which the “MLS” (multiple listing service) shared by REALTORS in the colored areas to the left ~ Northern Virginia, most of Maryland, all of Washington, DC, the panhandle of West Virginia and parts of Pennsylvania.  It is one of the most robust, accurate and comprehensive databases available to provide real estate information and statistics.  It’s one of the many tools that I, and other area REALTORS will use to provide YOU, the public, with the information you need to make sound real estate decisions.

REGION WIDE INFORMATION

Inventory

Below, the chart reflects the number of active listings (available homes – aka “Inventory”) within the region.  Foreclosures are shown in purple, short sales in red, and the maroon shows the non-bank mediated sales (aka “traditional” sales).

Median Prices

The chart below reflects regional median sales prices.  You can see that in 2007 and 2008, the distress sales (foreclosures and short sales, collectively) seemed to be the driving factor of area prices.  However, our market began to show signs of recovery in 2009, and that is when you see a directional change in the pricing for “traditional” sales vs. “distress sales”.

 

Additional Market Statistics are available on the following pages:

Northern Virginia Market Trends and Statistics

Fairfax County: Real Estate Pricing Trends

Fairfax County: Seasonal Activity Trends

Loudoun County: Real Estate Pricing Trends

Loudoun County: Seasonal Activity Trends

For a “Micro” look at the home sales closest to your home, order a personalized and automated “Market Snapshot” at www.SalesInMyNeighborhood.Info

 

 


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