Monday, October 15, 2007

Inventory and Price Reductions


ActiveReducedPercentage
10/15/2007
Arlington 1,025 407 40%
Alexandria 918 416 45%
Fairfax 8,022 3,924 49%
Loudoun 3,683 1,769 48%
Prince William 5,532 2,884 52%
Fauquier 995 435 44%
Stafford 1,603 771 48%
Warren 916 373 41%

9/17/2007
Arlington 991 328 33%
Alexandria 886 389 44%
Fairfax 8,043 3,783 47%
Loudoun 3,688 1,776 48%
Prince William 5,591 2,851 51%
Fauquier 994 466 47%
Stafford 1,652 814 49%
Warren 941 379 40%

8/15/2007
Arlington 925 340 37%
Alexandria 843 375 44%
Fairfax 7,878 3,622 46%
Loudoun 3,643 1,695 47%
Prince William 5,575 2,827 51%
Fauquier 1,008 473 47%
Stafford 1,725 842 49%
Warren 936 337 36%

4 comments:

Keith said...

Ya know, never has there been a more perfect unintentional metaphor than "Eclipse Condos."

dcandout said...

NOW is a GREAT time NOT to BUY a house!

Chris said...

So anyone care to share their thoughts on the impact to the local housing market of another 1,000 people from AOL losing their jobs?

I think we're going to see the mkt in Loudon and Fairfax counties start to tank even faster. So many of the homes listed online have internal shots and are completely empty.

Bill said...

Nothing has moved since August in Ashton Heights.

The transaction for 3718 4th St was finally recorded. It went for $795K (in August) after selling for $749K in August, 2006. The house was cleaned up but it was not truly renovated and it still had an antiquated layout (small kitchen, 1BA upstairs). It shows you need only one sucker for a sale. So this house, plus the $1.4 Million houses on Monroe are all that have moved recently.

Someone is trying to flip a house on Pershing.

http://tinyurl.com/ytkato

The changes were cosmetic only and did not address the house's true problems (i.e. aniquated layout). They bought for $600K in June and are trying to sell for $850K now. I'm no bubblehead, as well documented by my posts here, but c'mon!