The northern Virginia realtors have the March numbers out. Please note the files on the link are PDF’s.
The following are single family homes, inventory numbers are year over year:
Active listings up 274.4%, with the median down to $650,000 from the $669,154 high in 2005.
Active listings up 390.3%, with the median flat and average price down.
Falls Church City
Active listings up 291.7%, and the median is higher with only one home sold under $500,000.
Active listings up 204.3%, with a median at $390,000, down from $419,950 in 2005.
Active listings up 496.4% with the median and average price down from the 2005 highs.
Active listings up 434.7% with a year to date decrease in contracts of 23.5%, The median is down $5,000, even with triple or double digit declines in price ranges beneath $500,000.
Prince William County
Active listings up 497.2%, with a flat median price even with big declines in price ranges below $300,000.Compared to 2005, contracts are down 26.4%, year to date.
The only two condo and co-op reports were pulled up; Loudon County which saw an increase in active listings of 608.5% and a decline of year to date contracts of 21.3%. And Prince William County saw an increase in active listing of 800% and a 16.3% decline in year to date contracts.