Loudoun County -- On the Market

26 CAROLINA CT
STERLING, VA 20164
List Price: $194,900
Prior Sale: $335,000 04/27/2006
Listing Date: 09/26/07
-41.8%

9 SUGARLAND SQUARE CT
STERLING, VA 20164
List Price: $230,000
Prior Sale: $350,000 03/30/2006
Listing Date: 05/27/07
-34.3%

21152 HEDGEROW TER
ASHBURN, VA 20147
List Price: $279,900
Prior Sale: $425,000 07/26/2005
Listing Date: 09/27/07
-34.1%

401 ALDER AVE
STERLING, VA 20164
List Price: $323,000
Prior Sale: $480,000 03/14/2006
Listing Date: 07/20/07
-32.7%

100 RICHLAND CIR
STERLING, VA 20164
List Price: $254,500
Prior Sale: $352,000 05/22/2006
Listing Date: 09/16/07
-27.7%

104 BRIARWOOD CT
STERLING, VA 20164
List Price: $434,900
Prior Sale: $600,000 06/27/2005
Listing Date: 09/28/07
-27.5%

25226 LARKS TER
CHANTILLY, VA 20152
List Price: $399,900
Prior Sale: $546,501 01/25/2006
Listing Date: 09/25/07
-26.8%

35569 GLENCOE CT
ROUND HILL, VA 20141
List Price: $699,900
Prior Sale: $930,700 12/22/2005
Listing Date: 09/28/07
-24.8%

501 CINDY CT
STERLING, VA 20164
List Price: $423,900
Prior Sale: $560,000 06/06/2005
Listing Date: 08/13/07
-24.3%

703 DOGWOOD ST
STERLING, VA 20164
List Price: $361,000
Prior Sale: $475,000 01/23/2006
Listing Date: 05/16/07
-24.0%

804 MAPLE AVE
STERLING, VA 20164
List Price: $350,000
Prior Sale: $460,000 01/25/2007
Listing Date: 09/29/07
-23.9%

18357 EAGLE POINT SQ
LEESBURG, VA 20176
List Price: $539,900
Prior Sale: $676,998 07/22/2005
Listing Date: 09/24/07
-20.3%

572 KALMIA SQ NE
LEESBURG, VA 20176
List Price: $339,000
Prior Sale: $425,000 12/12/2005
Listing Date: 09/26/07
-20.2%

161 EMORY DR #6
STERLING, VA 20164
List Price: $154,900
Prior Sale: $190,000 12/07/2006
Listing Date: 09/28/07
-18.5%

210 FLETCHER RD
STERLING, VA 20164
List Price: $329,900
Prior Sale: $401,000 01/31/2005
Listing Date: 09/12/07
-17.7%

21827 FORMOSA SQ
STERLING, VA 20164
List Price: $340,000
Prior Sale: $410,000 10/06/2006
Listing Date: 09/27/07
-17.1%

208 MCDANIEL DR
PURCELLVILLE, VA 20132
List Price: $300,000
Prior Sale: $360,000 09/02/2005
Listing Date: 09/29/07
-16.7%

419 KOJUN CT
STERLING, VA 20164
List Price: $479,900
Prior Sale: $575,000 04/28/2006
Listing Date: 09/25/07
-16.5%

22 LOVETT DR
LOVETTSVILLE, VA 20180
List Price: $399,900
Prior Sale: $476,000 01/03/2007
Listing Date: 09/28/07
-16.0%

517 PLANTERS TERRACE
LEESBURG, VA 20176
List Price: $379,900
Prior Sale: $450,000 03/31/2005
Listing Date: 09/26/07
-15.6%

412 ALDER AVE
STERLING, VA 20164
List Price: $338,000
Prior Sale: $400,000 07/09/2004
Listing Date: 09/26/07
-15.5%

41835 PROVERBIAL TER
ALDIE, VA 20105
List Price: $425,000
Prior Sale: $499,000 01/04/2007
Listing Date: 09/27/07
-14.8%

322 STALLION SQ NE
LEESBURG, VA 20176
List Price: $309,500
Prior Sale: $362,000 01/04/2007
Listing Date: 09/27/07
-14.5%

310 STALLION SQ NE
LEESBURG, VA 20176
List Price: $285,000
Prior Sale: $330,000 01/30/2007
Listing Date: 09/02/07
-13.6%

215 HAWKS VIEW SQ SE,
LEESBURG, VA 20175
List Price: $400,000
Prior Sale: $451,016 08/30/2005
Listing Date: 09/25/07
-11.3%

501 FOX RIDGE DR SW
LEESBURG, VA 20175
List Price: $323,900
Prior Sale: $365,000 04/25/2005
Listing Date: 09/27/07
-11.3%

43860 HICKORY CORNER TER #101
ASHBURN, VA 20147
List Price: $349,900
Prior Sale: $390,000 04/28/2006
Listing Date: 09/28/07
-10.3%

43860 HICKORY CORNER TER #112
ASHBURN, VA 20147
List Price: $319,900
Prior Sale; $345,871 03/13/2006
Listing Date: 09/29/07
-7.5%

18977 COREOPSIS TER
LEESBURG, VA 20176
List Price: $699,000
Prior Sale: $746,656 06/01/2005
Listing Date: 09/30/07
-6.4%

75 SOUTHALL CT
STERLING, VA 20165
List Price: $249,000
Prior Sale: $265,000 10/29/2004
Listing Date: 09/24/07
-6.0%

1712 GRAYWOOD WAY NE
LEESBURG, VA 20176
List Price: $639,000
Prior Sale: $675,000 04/07/2006
Listing Date: 09/28/07
-5.3%

21738 CALAMARY CIR #90
STERLING, VA 20164
List Price: $276,900
Prior Sale: $290,000 05/31/2005
Listing Date: 09/19/07
-4.5%

19242 COTON HOLDINGS CT
LEESBURG, VA 20176
List Price: $639,899
Prior Sale: $660,165 03/02/2005
Listing Date: 09/28/07
-3.1%

19066 CRIMSON CLOVER TER
LEESBURG, VA 20176
List Price: $670,000
Prior Sale: $669,900 08/31/2005
Listing Date: 09/27/07
+0.01%

Fairfax County -- On the Market

3820 LIGHTFOOT ST #318
CHANTILLY, VA 20151
List Price: $249,900
Prior Sale: $430,000 11/22/2005
Listing Date: 09/21/07
-41.9%

3830 LIGHTFOOT ST #327
CHANTILLY, VA 20151
List Price: $279,900
Prior Sale: $425,000 04/24/2006
Listing Date: 06/26/07
-34.1%

416 PATRICK LN
HERNDON, VA 20170
List Price: $349,000
Prior Sale: $515,000 04/27/2006
Listing Date: 09/23/07
-32.2%

3830 LIGHTFOOT ST #237
CHANTILLY, VA 20151
List Price: $240,900
Prior Sale: $355,240 11/07/2005
Listing Date: 04/13/07
-32.2%

2208 COCQUINA DR
RESTON, VA 20191
List Price: $313,250
Prior Sale: $453,500 03/14/2006
Listing Date: 09/11/07
-30.9%

2216 COCQUINA DR
RESTON, VA 20191
List Price: $280,500
Prior Sale: $405,000 04/14/2006
Listing Date: 07/10/07
-30.7%

6815 FLOYD AVE
SPRINGFIELD, VA 22150
List Price: $386,000
Prior Sale: $540,000 11/03/2005
Listing Date: 09/20/07
-28.5%

4211 AMERICANA DR #102
ANNANDALE, VA 22003
List Price: $185,000
Prior Sale: $258,000 09/13/2005
Listing Date: 09/21/07
-28.3%

7583 ASPENPARK RD
LORTON, VA 22079
List Price: $296,000
Prior Sale: $400,000 05/10/2006
Listing Date: 09/07/07
-26.0%

5721 OVERLY DR
ALEXANDRIA, VA 22310
List Price: $399,900
Prior Sale: $530,000 06/27/2006
Listing Date: 09/20/07
-24.5%

4241 AMERICANA DR #101
ANNANDALE, VA 22003
List Price: $167,700
Prior Sale: $215,000 09/23/2005
Listing Date: 09/25/07
-22.0%

11338 WESTBROOK MILL LN #304
FAIRFAX, VA 22030
List Price: $319,900
Prior Sale: $400,000 04/03/2006
Listing Date: 09/25/07
-20.0%

8456 KIRBY LIONSDALE DR
LORTON, VA 22079
List Price: $515,000
Prior Sale: $640,175 01/24/2006
Listing Date: 09/25/07
-19.6%

8204 MCCLELLAND PL
ALEXANDRIA, VA 22309
List Price: $339,900
Prior Sale: $410,000 09/14/2005
Listing Date: 09/25/07
-17.1%

5605 ELEANOR CT
ALEXANDRIA, VA 22303
List Price: $348,000
Prior Sale: $410,000 04/23/2007
Listing Date: 09/25/07
-15.1%

14495 GOLDEN OAK RD
CENTREVILLE, VA 20121
List Price: $250,000
Prior Sale: $294,000 03/03/2006
Listing Date: 09/19/07
-15.0%

5339 BUXTON CT
ALEXANDRIA, VA 22315
List Price: $413,900
Prior Sale: $485,000 05/27/2005
Listing Date: 09/23/07
-14.7%

6721 ELDER AVE
SPRINGFIELD, VA 22150
List Price: $495,000
Prior Sale: $575,000 10/06/2005
Listing Date: 09/19/07
-13.9%

1210 SUNRISE CT
HERNDON, VA 20170
List Price: $450,000
Prior Sale: $520,000 08/03/2005
Listing Date: 09/22/07
-13.5%

1353 SHALLOW FORD RD
HERNDON, VA 20170
List Price: $499,900
Prior Sale: $575,000 11/07/2005
Listing Date: 09/22/07
-13.1%

6721 HOPEWELL AVE
SPRINGFIELD, VA 22151
List Price: $399,900
Prior Sale: $460,000 02/01/2007
Listing Date: 09/21/07
-13.1%

13034 MAPLE VIEW LN
FAIRFAX, VA 22033
List Price: $415,000
Prior Sale: $475,000 06/21/2005
Listing Date: 09/19/07
-12.6%

6465 MCCOY RD
CENTREVILLE, VA 20121
List Price: $395,000
Prior Sale: $355,000 05/24/2004
Listing Date: 09/21/07
11.3%

3314 WOODBURN VILLAGE DR #T2
ANNANDALE, VA 22003
List Price: $191,000
Prior Sale: $213,800 07/06/2004
Listing Date: 09/23/07
-10.7%

4726 FEATURE OAK WAY
FAIRFAX, VA 22032
List Price: $760,000
Prior Sale: $850,000 08/15/2006
Listing Date: 09/21/07
-10.6%

7501 ASHBY LN #D
ALEXANDRIA, VA 22315
List Price: $264,000
Prior Sale: $295,000 08/25/2005
Listing Date: 09/25/07
-10.5%

3920 PINELAND ST
FAIRFAX, VA 22031
List Price: $449,900
Prior Sale: $500,000 07/06/2006
Listing Date: 09/21/07
-10.0%

4000 GREGG CT
FAIRFAX, VA 22033
List Price: $419,000
Prior Sale: $465,000 01/27/2006
Listing Date: 09/19/07
-9.9%

5585 HOLLINS LN
BURKE, VA 22015
List Price: $370,000
Prior Sale: $407,000 05/25/2006
Listing Date: 09/22/07
-9.1%

14000 GRUMBLE JONEST CT
CENTREVILLE, VA 20121
List Price: $319,000
Prior Sale: $349,000 09/28/2006
Listing Date: 09/20/07
-8.6%

14746 WINTERFIELD CT
CENTREVILLE, VA 20120
List Price: $389,990
Prior Sale: $421,000 02/11/2005
Listing Date: 09/21/07
-7.4%

14262 GLADE SPRING DR
CENTREVILLE, VA 20121
List Price: $366,500
Prior Sale: $395,000 11/02/2004
Listing Date: 09/19/07
-7.2%

7734 DONNYBROOK CT #208
ANNANDALE, VA 22003
List Price: $174,900
Prior Sale: $185,000 09/25/2006
Listing Date: 09/19/07
-5.5%

2928 ROGERS DR
FALLS CHURCH, VA 22042
List Price: $619,900
Prior Sale: $649,990 06/02/2005
Listing Date: 09/24/07
-4.6%

7577 ASPENPARK RD
LORTON, VA 22079
List Price: $360,000
Prior Sale: $286,270 08/27/2007
Prior Sale: $327,600 08/27/2007
Prior Sale: $370,000 08/19/2005
Listing Date: 09/21/07
-2.7%

9016 FOX LAIR DR
BURKE, VA 22015
List Price: $535,000
Prior Sale: $543,000 11/14/2006
Listing Date: 09/20/07
-1.5%

411 PATRICK LN
HERNDON, VA 20170
List Price: $342,900
Prior Sale: $345,000 08/24/2004
Listing Date: 08/23/07
-0.6%

8548 BERTSKY LN
LORTON, VA 22079
List Price: $499,900
Prior Sale: $499,900 05/20/2005
Listing Date: 09/25/07
+0.0%

8548 TOWNE MANOR CT S
ALEXANDRIA, VA 22309
List Price: $310,000
Prior Sale: $283,000 05/24/2004
Listing Date: 09/24/07
+9.5%

Prince William County -- On the Market

6755 STAPLETON PL
GAINESVILLE, VA 20155
List Price: $384,900
Prior Sale: $645,000 2/16/2006
Listing Date: 09/20/07
-40.3%

2174 ARMITAGE CT
WOODBRIDGE, VA 22191
List Price: $379,500
Prior Sale: $585,000 12/27/2006
Listing Date: 09/19/07
-35.1%

15102 COSTA DR
WOODBRIDGE, VA 22193
List Price: $249,900
Prior Sale: $370,000 2/1/2006
Listing Date: 09/21/07
-32.5%

15402 OHIO AVE
WOODBRIDGE, VA 22191
List Price: $250,000
Prior Sale: $365,000 8/8/2005
Listing Date: 09/18/07
-31.5%

8816 HEPNER CT
BRISTOW, VA 20136
List Price: $485,000
Prior Sale: $707,310 12/22/2005
Listing Date: 09/19/07
-31.4%

8860 YELLOW HAMMER DR
GAINESVILLE, VA 20155
List Price: $445,000
Prior Sale: $635,940 11/15/2005
Listing Date: 09/20/07
-30.0%

12173 SALEMTOWN DR
WOODBRIDGE, VA 22192
List Price: $219,900
Prior Sale: $305,000 11/21/2005
Listing Date: 09/21/07
-27.9%

9596 LAURENCEKIRK PL
BRISTOW, VA 20136
List Price: $505,000
Prior Sale: $694,000 6/2/2006
Listing Date: 09/20/07
-27.2%

16961 HORTON CT
DUMFRIES, VA 22025
List Price: $480,000
Prior Sale: $657,660 2/1/2006
Listing Date: 09/21/07
-27.0%

8612 BELGROVE GARDENS LN
GAINESVILLE, VA 20155
List Price: $489,000
Prior Sale: $663,866 3/16/2006
Listing Date: 09/23/07
-26.3%

5008 LINFIELD DR
WOODBRIDGE, VA 22193
List Price: $275,000
Prior Sale: $369,900 4/19/2006
Listing Date: 09/18/07
-25.7%

14413 PARULA WAY
GAINESVILLE, VA 20155
List Price: $395,000
Prior Sale: $530,190 1/4/2006
Listing Date: 09/23/07
-25.5%

18267 CAMDENHURST DR
GAINESVILLE, VA 20155
List Price: $425,000
Prior Sale: $567,743 3/31/2006
Listing Date: 09/24/07
-25.1%

9570 BASILWOOD DR
MANASSAS, VA 20110
List Price: $429,000
Prior Sale: $570,000 11/3/2006
Listing Date: 09/19/07
-24.7%

9533 MOUNTWOOD DR
MANASSAS, VA 20110
List Price: $497,900
Prior Sale: $656,500 2/1/2006
Listing Date: 09/21/07
-24.2%

2784 BRIER POND CIR
WOODBRIDGE, VA 22191
List Price: $275,000
Prior Sale: $360,000 3/21/2006
Listing Date: 09/18/07
-23.6%

16609 GALT CT
WOODBRIDGE, VA 22191
List Price: $214,000
Prior Sale: $280,000 6/6/2006
Listing Date: 09/20/07
-23.6%

4250 HUDSON RIVER CT
DUMFRIES, VA 22025
List Price: $410,000
Prior Sale: $535,000 12/8/2006
Listing Date: 09/21/07
-23.4%

12451 BRENMILL LN
MANASSAS, VA 20112
List Price: $599,000
Prior Sale: $778,000 5/18/2006
Listing Date: 09/21/07
-23.0%

4085 ELKWOOD CT
WOODBRIDGE, VA 22193
List Price: $412,500
Prior Sale: $529,900 6/13/2006
Listing Date: 09/21/07
-22.2%

8271 SHIMMERING ROCK RD
GAINESVILLE, VA 20155
List Price: $545,000
Prior Sale: $698,434 8/1/2005
Listing Date: 09/18/07
-22.0%

7917 ASHLAND AVE
MANASSAS, VA 20109
List Price: $387,500
Prior Sale: $495,000 7/25/2006
Listing Date: 09/19/07
-21.7%

15236 WARBLER CT
WOODBRIDGE, VA 22193
List Price: $499,000
Prior Sale: $635,000 4/11/2006
Listing Date: 09/21/07
-21.4%

8902 BREWER CREEK PL
MANASSAS, VA 20109
List Price: $317,900
Prior Sale: $403,000 12/7/2006
Listing Date: 09/24/07
-21.1%

6503 ATKINS WAY
GAINESVILLE, VA 20155
List Price: $519,000
Prior Sale: $655,640 2/1/2006
Listing Date: 09/23/07
-20.8%

8075 COMMUNITY DR
MANASSAS, VA 20109
List Price: $165,000
Prior Sale: $207,000 9/27/2004
Listing Date: 09/19/07
-20.3%

16619 GEORGETOWN RD
WOODBRIDGE, VA 22191
List Price: $239,000
Prior Sale: $296,000 11/7/2005
Listing Date: 09/20/07
-19.3%

13624 NEWTONMORE PL
BRISTOW, VA 20136
List Price: $519,000
Prior Sale: $640,665 7/21/2005
Listing Date: 09/18/07
-19.0%

12292 UNITED PARK WAY
BRISTOW, VA 20136
List Price: $500,000
Prior Sale: $614,715 7/1/2005
Listing Date: 09/18/07
-18.7%

15325 DILLWYN CT
WOODBRIDGE, VA 22193
List Price: $529,900
Prior Sale: $649,430 10/25/2005
Listing Date: 09/24/07
-18.4%

14096 GERALDINE CT
WOODBRIDGE, VA 22193
List Price: $269,900
Prior Sale: $330,000 12/1/2005
Listing Date: 09/19/07
-18.2%

14008 GRAYSON RD
WOODBRIDGE, VA 22191
List Price: $359,900
Prior Sale: $439,900 11/30/2006
Listing Date: 09/19/07
-18.2%

8105 RAINWATER CIR
MANASSAS, VA 20111
List Price: $334,900
Prior Sale: $400,000 8/3/2005
Listing Date: 09/19/07
-16.3%

2928 WYTHE CT
WOODBRIDGE, VA 22191
List Price: $265,000
Prior Sale: $310,000 6/30/2006
Listing Date: 09/22/07
-14.5%

1832 CEDAR COVE WAY #2-4B
WOODBRIDGE, VA 22191
List Price: $299,900
Prior Sale: $346,600 10/31/2005
Listing Date: 09/21/07
-13.5%

4741 SOUTH PARK CT
WOODBRIDGE, VA 22193
List Price: $239,500
Prior Sale: $275,000 8/1/2005
Listing Date: 09/22/07
-12.9%

8150 CELLO WAY
MANASSAS, VA 20111
List Price: $365,000
Prior Sale: $417,100 9/9/2005
Listing Date: 09/21/07
-12.5%

13771 RAYWOOD CT
WOODBRIDGE, VA 22193
List Price: $350,000
Prior Sale: $400,000 8/1/2005
Listing Date: 09/22/07
-12.5%

16503 BOBSTER CT
WOODBRIDGE, VA 22191
List Price: $389,000
Prior Sale: $440,365 8/31/2005
Listing Date: 09/22/07
-11.7%

14395 ORANGE CT
WOODBRIDGE, VA 22191
List Price: $419,999
Prior Sale: $475,000 3/14/2006
Listing Date: 09/20/07
-11.6%

8473 HESSIAN HILL CT
BRISTOW, VA 20136
List Price: $679,900
Prior Sale: $766,650 8/22/2005
Listing Date: 09/20/07
-11.3%

13276 QUEENSDALE DR
WOODBRIDGE, VA 22193
List Price: $455,000
Prior Sale: $507,000 11/2/2005
Listing Date: 09/22/07
-10.3%

1962 WINSLOW CT
WOODBRIDGE, VA 22191
List Price: $269,000
Prior Sale: $300,000 6/28/2005
Listing Date: 09/23/07
-10.3%

3491 COWES MEWS
WOODBRIDGE, VA 22193
List Price: $285,000
Prior Sale: $315,000 12/5/2005
Listing Date: 09/19/07
-9.5%

2910 WILLIAMSBURG CT
WOODBRIDGE, VA 22191
List Price: $260,000
Prior Sale: $285,000 2/21/2006
Listing Date: 09/21/07
-8.8%

10931 A P HILL CT
BRISTOW, VA 20136
List Price: $682,900
Prior Sale: $741,560 9/2/2005
Listing Date: 09/20/07
-7.9%

9358 VICTORIA ST
MANASSAS, VA 20110
List Price: $250,000
Prior Sale: $241,000 11/14/2002
Listing Date: 09/18/07
+3.7%

DC MSA -7.2% YOY in July

The Motley Fool's Seth Jayson has an opinion, as usual, on the newest home price release from S&P/Case-Shiller.

Near Fool HQ, [Alexandria, VA] the argument I often hear about home prices never falling (because there's reliable government spending, big influx of population, blah, blah, blah ...) is shown to be a complete fiction, as D.C. area prices tumbled 7.2% year over year.

Loudoun County -- On the Market

16 LOVETT DR
LOVETTSVILLE, VA 20180
List Price: $349,900
Prior Sale: $595,000 10/19/2005
Listing Date: 09/17/07
-41.2%

49 CAROLINA CT
STERLING, VA 20164
List Price: $205,900
Prior Sale: $333,000 09/30/2005
Listing Date: 09/20/07
-38.2%

110 JOHNSON RD
STERLING, VA 20164
List Price: $269,000
Prior Sale: $405,000 01/31/2006
Listing Date: 09/19/07
-33.6%

43230 PARKERS RIDGE DR
LEESBURG, VA 20176
List Price: $929,000
Prior Sale: $1,378,332 03/31/2006
Listing Date: 09/17/07
-32.6%

712 DOGWOOD ST
STERLING, VA 20164
List Price: $272,000
Prior Sale: $375,000 05/11/2005
Listing Date: 09/20/07
-27.5%

25201 BLACKSTONE CT
CHANTILLY, VA 20152
List Price: $636,000
Prior Sale: $870,000 08/18/2006
Listing Date: 09/21/07
-26.9%

22939 OAKGROVE RD
STERLING, VA 20166
List Price: $334,000
Prior Sale: $449,900 5/24/06
Listing Date: 09/12/07
-25.8%

44289 SUSCON SQ
ASHBURN, VA 20147
List Price: $355,900
Prior Sale: $472,000 07/14/2006
Listing Date: 09/19/07
-24.6%

1008 MAPLE AVE
STERLING, VA 20164
List Price: $312,900
Prior Sale: $400,000 08/11/2006
Listing Date: 09/21/07
-21.8%

534 LEGRACE TER
LEESBURG, VA 20176
List Price: $349,900
Prior Sale: $445,000 02/02/2006
Listing Date: 09/20/07
-21.4%

44303 SUSCON SQ
ASHBURN, VA 20147
List Price: $354,900
Prior Sale: $451,500 4/28/06
Listing Date: 06/04/07
-21.4%

45457 HERITAGE TRAIL SQ
STERLING, VA 20164
List Price: $299,000
Prior Sale: $375,000 02/23/2006
Listing Date: 09/18/07
-20.3%

43397 SPRING CELLAR CT
LEESBURG, VA 20176
List Price: $529,900
Prior Sale: $660,000 01/04/2006
Listing Date: 09/20/07
-19.7%

20890 KILLAWOG TER
ASHBURN, VA 20147
List Price: $400,000
Prior Sale: $489,205 06/22/2005
Listing Date: 09/16/07
-18.2%

22914 OAKGROVE RD
STERLING, VA 20166
List Price: $275,000
Prior Sale: $335,000 09/18/2006
Listing Date: 09/12/07
-17.9%

20756 HOLLOW FALLS TER
STERLING, VA 20165
List Price: $410,000
Prior Sale: $496,500 05/19/2005
Listing Date: 09/22/07
-17.4%

301 CHURCH RD
STERLING, VA 20164
List Price: $325,000
Prior Sale: $392,500 11/29/2004
Listing Date: 09/03/07
-17.2%

18981 ROSSBACK TER
LEESBURG, VA 20176
List Price: $575,000
Prior Sale: $693,500 07/07/2005
Listing Date: 09/22/07
-17.1%

128 COTTAGE RD
STERLING, VA 20164
List Price: $300,000
Prior Sale: $360,000 06/14/2006
Listing Date: 09/18/07
-16.7%

43509 BLACKSMITH SQ #103
ASHBURN, VA 20147
List Price: $350,000
Prior Sale: $418,000 05/01/2006
Listing Date: 09/19/07
-16.3%

318 MILLBROOK TER NE
LEESBURG, VA 20176
List Price: $329,000
Prior Sale: $392,500 11/8/2005
Listing Date: 09/21/07
-16.2%

311 WATERFIELD TER NE
LEESBURG, VA 20176
List Price: $311,000
Prior Sale: $369,000 01/09/2006
Listing Date: 09/18/07
-15.7%

304 EBAUGH DR SE
LEESBURG, VA 20175
List Price: $377,500
Prior Sale: $445,000 01/16/2007
Listing Date: 09/21/07
-15.2%

19005 COREOPSIS TER
LANSDOWNE, VA 20176
List Price: $573,000
Prior Sale: $669,990 05/01/2006
Listing Date: 09/17/07
-14.5%

230 LINCOLN AVE
STERLING, VA 20164
List Price: $299,900
Prior Sale: $332,000 8/24/2004
Listing Date: 08/18/07
-9.7%

1105 ARGONNE AVE
STERLING, VA 20164
List Price: $295,000
Prior Sale: $326,000 08/27/2004
Listing Date: 09/21/07
-9.5%

42544 HOLLYHOCK TER #103
ASHBURN, VA 20148
List Price: $269,900
Prior Sale: $285,900 04/04/2005
Listing Date: 09/18/07
-5.6%

20733 RED CEDAR DR
LEESBURG, VA 20175
List Price: $489,900
Prior Sale: $512,475 12/21/2006
Listing Date: 09/18/07
-4.4%

928 DEVONSHIRE CIR
PURCELLVILLE, VA 20132
List Price: $520,000
Prior Sale: $534,188 01/20/2005
Listing Date: 09/18/07
-2.7%

FHA -- Subprime Lender?

The move this week by Congress to expand federal backing of mortgages via the FHA caused me to envision "Uncle Sam" printed in red at The Mortgage Lender Implode-O-Meter.

Apparently someone at the Wall Street Journal has the same idea:

We wonder if either end of Pennsylvania Avenue grasps the irony of what they are proposing. At the very moment when private mortgage lenders are under pressure from regulators, rating agencies and shareholders to tighten underwriting to avoid another mortgage meltdown, the FHA is relaxing its standards so it can insure more questionable mortgages. If that is permitted to happen, America's newest and largest subprime lender will be Uncle Sam. Don't expect this story to have a happy taxpayer ending.

Arlington County -- On the Market

5407 8TH ST S #5407
ARLINGTON, VA 22204
List Price: $300,000
Prior Sale: $399,000 2/10/2006
Listing Date: 08/20/07
-24.8%

3731 KEMPER RD
ARLINGTON, VA 22206
List Price: $349,000
Prior Sale: $415,000 1/31/2006
Listing Date: 08/07/07
-15.9%

5122 11TH ST S
ARLINGTON, VA 22204
List Price: $464,900
Prior Sale: $540,000 11/9/2005
Listing Date: 07/12/07
-13.9%

5353 COLUMBIA PIKE #110
ARLINGTON, VA 22204
List Price: $160,000
Prior Sale: $185,000 3/28/2005
Listing Date: 06/11/07
-13.5%

533 PIEDMONT ST
ARLINGTON, VA 22203
List Price: $850,000
Prior Sale: $950,000 11/9/2006
Listing Date: 08/08/07
-10.5%

844 LINCOLN ST S
ARLINGTON, VA 22204
List Price: $560,000
Prior Sale: $626,000 5/15/2006
Listing Date: 09/16/07
-10.5%

2785 24TH RD S
ARLINGTON, VA 22206
List Price: $439,000
Prior Sale: $479,000 7/28/2006
Listing Date: 09/11/07
-8.4%

4718 1ST ST N
ARLINGTON, VA 22203
List Price: $599,000
Prior Sale: $652,000 6/3/2005
Listing Date: 09/04/07
-8.1%

4500 FOUR MILE RUN DR S #823
ARLINGTON, VA 22204
List Price: $354,900
Prior Sale: $378,900 6/14/2006
Listing Date: 09/19/07
-6.3%

801 GREENBRIER ST S #211
ARLINGTON, VA 22204
List Price: $389,900
Prior Sale: $399,900 3/31/2006
Listing Date: 09/15/07
-2.5%

3479 STAFFORD ST S #A2
ARLINGTON, VA 22206
List Price: $375,900
Prior Sale: $381,000 9/30/2004
Listing Date: 09/21/07
-1.3%

1515 GEORGE MASON DR S #1
ARLINGTON, VA 22204
List Price: $260,000
Prior Sale: $262,000 3/18/2005
Listing Date: 09/16/07
-0.8%

1310 COLUMBUS ST S
ARLINGTON, VA 22204
List Price: $525,000
Prior Sale: $525,000 7/22/2005
Listing Date: 09/20/07
+0.0%

5860 14TH RD N
ARLINGTON, VA 22205
List Price: $674,900
Prior Sale: $667,000 5/10/2006
Listing Date: 09/19/07
+1.18%

3518 WAKEFIELD ST
ARLINGTON, VA 22206
List Price: $441,900
Prior Sale: $429,000 3/2/2005
Listing Date: 09/20/07
+3.0%

1200 ARLINGTON RIDGE S #503
ARLINGTON, VA 22202
List Price: $244,900
Prior Sale: $237,500 7/24/2004
Listing Date: 09/17/07
+3.1%

1020 STAFFORD ST #209
ARLINGTON, VA 22201
List Price: $324,900
Prior Sale: $315,000 8/26/2004
Listing Date: 09/19/07
+3.1%

1200 ARLINGTON RIDGE RD S #612
ARLINGTON, VA 22202
List Price: $239,900
Prior Sale: $230,000 11/3/2006
Listing Date: 09/18/07
+4.3%

1000 RANDOLPH ST #610
ARLINGTON, VA 22201
List Price: $649,900
Prior Sale: $615,000 9/1/2004
Listing Date: 09/21/07
+5.7%

4904 16TH ST N
ARLINGTON, VA 22205
List Price: $1,750,000
Prior Sale: $1,595,000 9/6/2005
Listing Date: 09/21/07
+9.7%

1020 STAFFORD ST #407
ARLINGTON, VA 22201
List Price: $275,000
Prior Sale: $240,000 8/5/2004
Listing Date: 09/20/07
+14.6%

2200 WESTMORELAND ST #525
ARLINGTON, VA 22213
List Price: $479,900
Prior Sale: $409,615 11/7/2006
Listing Date: 09/16/07
+17.2%

1050 STUART ST N #814
ARLINGTON, VA 22201
List Price: $500,000
Prior Sale: $412,000 7/24/2003
Listing Date: 09/21/07
+21.4%

6601 25TH ST N
ARLINGTON, VA 22213
List Price: $798,000
Prior Sale: $635,515 5/3/2005
Listing Date: 09/19/07
+25.6%

712 WAKEFIELD ST S
ARLINGTON, VA 22204
List Price: $799,000
Prior Sale: $569,900 3/29/2005
Listing Date: 09/20/07
+40.2%

4031 24TH RD N
ARLINGTON, VA 22207
List Price: $899,900
Prior Sale: $610,000 9/7/2006
Listing Date: 09/20/07
+47.5%

"We Were Powerless"

"It's a difficult situation, there is an enormous overhang on the real estate market," Greenspan was quoted as saying [on Friday]. "Many buildings which just have been finished can't be sold ..."

"So far, prices have dropped only slightly. But it was enough to cause alarm around the world," he said. "Prices are going to fall much lower yet."
. . .
"There is no doubt about the fact that low interest rates for long-term government bonds have caused the real estate bubble in the United States," he said.

"The Federal Reserve began a series of interest rate increases in 2004. We were hoping to bring the speculative excesses in the real estate sector under control. We failed. We tried it again in 2005. Failure," he said.

"Nobody could do anything about it, neither us nor the European Central Bank. We were powerless," he said.

Real Estate "Live" Today

From today's Washington Post's Real Estate "Live" with hosts Maryann Haggerty and Elizabeth Razzi:

Arlington, Va.: Why wouldn't a house in arlington depreciate from 500k to 350k in a couple of years? Those houses pre 2001 were CHEAP (less than 200k). Sorry, what goes up must come down. Please do not think that the northern arlington area is immune to the housing crisis!

Elizabeth Razzi: I think you answered it right there. Prices below $200k were cheap for a house so close to DC & Metro. What goes up must come down? Are you sure about that? Guess I'd better cash out all my investments and live in a cave.

Maryann Haggerty: Historically, real estate prices have tracked inflation.

The Dollar, Eh?

The dollar hit a new low against the seemingly unstoppable euro Friday as the 13-nation currency broke through $1.41.
. . .
The U.S. dollar fell further against the Canadian dollar after reaching parity for the first time since 1976 on Thursday. One Canadian dollar bought $1.0068 in U.S. currency at its highest point Friday before edging down to $1.0022 in afternoon New York trading.

The Canadian dollar has experienced a summer of record highs on soaring crude prices and a strong economy.

In other trading, the dollar slid to $2.0192 against the British pound from $2.0099 late Thursday. It rose slightly against the Japanese currency to 115.34 yen from 114.44 yen.

Fairfax County -- On the Market

1018 QUEENS CT
HERNDON, VA 20170
List Price: $255,500
Prior Sale: $360,000 04/03/2006
Listing Date: 08/29/07
-29.0%

6917 FARRAGUT AVE
FALLS CHURCH, VA 22042
List Price: $389,900
Prior Sale: $540,000 07/22/2005
Listing Date: 09/15/07
-27.8%

707 ARCHER CT
HERNDON, VA 20170
List Price: $399,000
Prior Sale: $520,000 12/20/2005
Listing Date: 09/17/07
-23.3%

5400 CROSSRAIL DR
BURKE, VA 22015
List Price: $299,000
Prior Sale: $390,000 07/19/2005
Listing Date: 09/06/07
-23.3%

13315 APGAR PL
HERNDON, VA 20170
List Price: $289,900
Prior Sale: $369,000 06/02/2006
Listing Date: 09/14/07
-21.4%

4104 MASON RIDGE DR
ANNANDALE, VA 22003
List Price: $475,000
Prior Sale: $600,000 07/01/2005
Listing Date: 09/14/07
-20.8%

11623 CAVALIER LANDING CT #405
FAIRFAX, VA 22030
List Price: $358,050
Prior Sale: $440,000 05/11/2005
Listing Date: 09/14/07
-18.6%

5227 SOUTHAMPTON DR
SPRINGFIELD, VA 22151
List Price: $439,900
Prior Sale: $539,900 12/27/2005
Listing Date: 09/15/07
-18.5%

2451 HUNTINGTON PARK DR
ALEXANDRIA, VA 22303
List Price: $549,888
Prior Sale: $670,000 02/28/2006
Listing Date: 09/17/07
-17.9%

8725 BITTERROOT CT
LORTON, VA 22079
List Price: $729,950
Prior Sale: $880,000 11/01/2005
Listing Date: 09/12/07
-17.1%

725 CAMPBELL WAY
HERNDON, VA 20170
List Price: $375,000
Prior Sale: $450,000 08/05/2005
Listing Date: 09/18/07
-16.7%

6738 MOCKINGBIRD WOODS CT
LORTON, VA 22079
List Price: $360,000
Prior Sale: $431,000 05/10/2005
Listing Date: 09/13/07
-16.5%

5403 ROLLING RD
SPRINGFIELD, VA 22151
List Price: $439,000
Prior Sale: $525,000 07/26/2005
Listing Date: 09/18/07
-16.4%

4648 BATTENBURG LN #542
FAIRFAX, VA 22030
List Price: $389,900
Prior Sale: $463,810 04/06/2006
Listing Date: 09/17/07
-15.9%

5501 LAKEWHITE CT
FAIRFAX, VA 22032
List Price: $350,000
Prior Sale: $413,000 05/02/2006
Listing Date: 09/12/07
-15.3%

9812 LAUREL ST
FAIRFAX, VA 22032
List Price: $475,000
Prior Sale: $550,000 12/07/2005
Listing Date: 09/17/07
-13.6%

9064 FUREY RD
LORTON, VA 22079
List Price: $550,000
Prior Sale: $635,084 07/20/2005
Listing Date: 09/14/07
-13.4%

13034 MAPLE VIEW LN
FAIRFAX, VA 22033
List Price: $415,000
Prior Sale: $475,000 06/21/2005
Listing Date: 09/19/07
-12.6%

3039 CASTLE RD
FALLS CHURCH, VA 22044
List Price: $510,000
Prior Sale: $577,500 10/04/2006
Listing Date: 09/13/07
-11.7%

3203 KORTE CT
FALLS CHURCH, VA 22042
List Price: $530,000
Prior Sale: $595,000 12/07/2005
Listing Date: 06/23/07
-10.9%

9435 HUCKS BRIDGE CIR
LORTON, VA 22079
List Price: $574,999
Prior Sale: $640,500 08/19/2005
Listing Date: 04/21/07
-10.2%

6719 NEW HOPE DR
SPRINGFIELD, VA 22151
List Price: $470,000
Prior Sale: $500,000 10/31/2005
Listing Date: 09/14/07
-6.0%

7734 DONNYBROOK CT #208
ANNANDALE, VA 22003
List Price: $174,900
Prior Sale: $185,000 09/25/2006
Listing Date: 09/19/07
-5.5%

13409 BROOKFIELD DR
CHANTILLY, VA 20151
List Price: $475,200
Prior Sale: $499,900 10/20/2004
Listing Date: 07/30/07
-4.9%

13381 BROOKFIELD CT
CHANTILLY, VA 20151
List Price: $479,900
Prior Sale: $499,000 10/21/2004
Listing Date: 09/01/07
-3.8%

6331 PINE VIEW CT #76B
BURKE, VA 22015
List Price: $289,000
Prior Sale: $299,900 02/22/2005
Listing Date: 09/14/07
-3.6%

4618 CARISBROOKE LN
FAIRFAX, VA 22030
List Price: $595,900
Prior Sale: $616,906 07/27/2005
Listing Date: 09/14/07
-3.4%

1534 KINGSTREAM CIR
HERNDON, VA 20170
List Price: $550,900
Prior Sale: $561,803 07/01/2004
Listing Date: 09/15/07
-1.9%

5114 ARRIT CT
BURKE, VA 22015
List Price: $309,000
Prior Sale: $311,000 12/02/2004
Listing Date: 09/14/07
-0.6%

4813 VIRGINIA ST
ALEXANDRIA, VA 22312
List Price: $419,900
Prior Sale: $415,000 01/21/2005
Listing Date: 09/12/06
+1.2%

4511 RHETT LN
FAIRFAX, VA 22030
List Price: $809,900
Prior Sale: $780,000 06/02/2006
Listing Date: 09/15/07
+3.8%

13536 ANN GRIGSBY CIR
CENTREVILLE, VA 20120
List Price: $769,900
Prior Sale: $741,195 04/11/2005
Listing Date: 09/13/07
+3.9%

815 BRANCH DR #208
HERNDON, VA 20170
List Price: $399,000
Prior Sale: $383,360 09/16/2005
Listing Date: 09/13/07
+4.1%

5609 JARIST DR
CLIFTON, VA 20124
List Price: $820,000
Prior Sale: $775,000 06/06/2005
Listing Date: 08/23/07
+5.8%

7123 MASON GROVE CT #9
ALEXANDRIA, VA 22306
List Price: $401,990
Prior Sale: $377,490 05/03/2006
Listing Date: 09/14/07
+6.5%

5387 LAVENDER MIST CT
CENTREVILLE, VA 20120
List Price: $520,000
Prior Sale: $486,596 03/24/2005
Listing Date: 09/18/07
+6.9%

14000 GUNNERS PL
CENTREVILLE, VA 20121
List Price: $339,900
Prior Sale: $315,000 11/02/2004
Listing Date: 07/15/07
+7.9%

11508 SPERRIN CIR #100
FAIRFAX, VA 22030
List Price: $419,000
Prior Sale: $386,090 05/21/2004
Listing Date: 09/12/07
+8.5%

5634 LIERMAN CIR
CENTREVILLE, VA 20120
List Price: $800,000
Prior Sale: $735,000 05/01/2006
Listing Date: 09/17/07
+8.8%

2879 STAR OPAL DR
FAIRFAX, VA 22031
List Price: $849,900
Prior Sale: $773,756 05/03/2005
Listing Date: 09/13/07
+9.8%

12167 SANIBEL CT
RESTON, VA 20191
List Price: $256,900
Prior Sale: $225,000 05/13/2004
Listing Date: 09/17/07
+14.2%

The Quotable Toll

"Does anybody want to call this as the bottom because of the Fed cut?" "Robert Toll asked analysts at the Credit Suisse 2007 Homebuilder Conference. "I don't think you can call it yet."

He said homebuilders closely watch the sales and traffic at their housing developments and would be the first to spot an upturn. Toll, CEO of the nation's largest luxury homebuilder, said until the Horsham, Pa.-based company's internal reports show a definite uptick on business, he can't say housing has seen its worst.

"When that Sunday report gets a bump up, we can call a bottom," Toll said. "Not yet."

But Toll, famously optimistic about a housing rebound that has yet to materialize, poked fun at himself, telling his audience that "anything I say should be viewed with suspicion. Use your mind. Don't believe me."

But Toll said the Fed's move to cut both the federal funds and discount rates by half a percentage point Tuesday won't bring the subprime and Alt-A, or limited documentation, loans back to equilibrium. He said it would take a return to more conservative underwriting standards to right the ship -- and it would take time.

"I don't think the Fed's move is going to bring back subprime, going to bring back Alt-A," he said. The mortgage lending system "got away from underwriting," he said.

and more on the Fed cut:

"I would have done a quarter instead of a half because it signals we're in deep doodoo"

Centex Saga Continues

Today's Fauquier Times-Democrat has a story on the latest round between Fauquier County and Centex Homes:

"Supervisor Bill Downey all but stuck a fork in the [Warrenton] 298-home Arrington Knolls proposal and declared it dead.
. . .
In particular, brief and pointed exchanges between Downey and Centex Division Manager Joseph Ricketts spoke volumes about the company's circumstances, prospects and extraordinary measures to dump projects and somehow save face.

When Downey slammed the company for its "horrendous" performance in Fauquier, Ricketts said: "You're right, it's been horrendous. The market's been horrendous. We are truly in unchartered territories as far as what we have encountered....If you talk with people who have been with [Centex] since the early '70s, this is the worst market that we've ever encountered. And we're trying to negotiate our way through that as best we can. We are holding onto these jobs. We are staying committed until it just doesn't make any sense."

Prince William County -- On the Market

10247 IRONGATE WAY
MANASSAS, VA 20109
List Price: $200,000
Prior Sale: $322,000 2/13/2006
Listing Date: 09/14/07
-37.9%

7544 ALLEGHANY RD
MANASSAS, VA 20111
List Price: $274,900
Prior Sale: $425,500 11/7/2005
Listing Date: 09/11/07
-35.4%

8168 COMMUNITY DR
MANASSAS, VA 20109
List Price: $175,000
Prior Sale: $270,000 10/7/2005
Listing Date: 09/14/07
-35.2%

11328 KESSLER PL
MANASSAS, VA 20109
List Price: $255,000
Prior Sale: $390,000 10/3/2005
Listing Date: 09/12/07
-34.6%

1437 CALIFORNIA ST
WOODBRIDGE, VA 22191
List Price: $270,000
Prior Sale: $387,000 8/28/2006
Listing Date: 09/17/07
-30.2%

14004 MAPLEDALE AVE
WOODBRIDGE, VA 22193
List Price: $280,000
Prior Sale: $400,000 6/30/2005
Listing Date: 09/17/07
-30.0%

7537 ALLEGHANY RD
MANASSAS, VA 20111
List Price: $225,000
Prior Sale: $320,000 3/11/2005
Listing Date: 09/07/07
-29.7%

9923 LOUDOUN AVE
MANASSAS, VA 20109
List Price: $338,900
Prior Sale: $480,000 3/24/2006
Listing Date: 09/11/07
-29.4%

16594 RESERVOIR LOOP
DUMFRIES, VA 22026
List Price: $369,900
Prior Sale: $511,000 7/15/2005
Listing Date: 09/12/07
-27.6%

2903 PHEASANT LN
WOODBRIDGE, VA 22191
List Price: $199,500
Prior Sale: $275,000 12/28/2005
Listing Date: 06/22/07
-27.5%

11999 GENERAL COOKE DR
BRISTOW, VA 20136
List Price: $513,500
Prior Sale: $699,900 11/28/2005
Listing Date: 09/14/07
-26.6%

1109 SEA VIEW AVE
WOODBRIDGE, VA 22191
List Price: $350,000
Prior Sale: $475,000 1/17/2007
Listing Date: 09/15/07
-26.3%

8402 RUGBY RD
MANASSAS PARK, VA 20111
List Price: $309,900
Prior Sale: $415,000 2/3/2006
Listing Date: 09/13/07
-25.3%

5612 SAINT CHARLES DR
WOODBRIDGE, VA 22193
List Price: $299,000
Prior Sale: $388,750 8/31/2005
Listing Date: 09/15/07
-23.1%

15671 WILLIAM BAYLISS CT
WOODBRIDGE, VA 22191
List Price: $377,900
Prior Sale: $485,425 3/31/2006
Listing Date: 09/15/07
-22.2%

8271 SHIMMERING ROCK RD
GAINESVILLE, VA 20155
List Price: $545,000
Prior Sale: $698,434 8/1/2005
Listing Date: 09/18/07
-22.0%

8624 WALCOTT CT
MANASSAS, VA 20111
List Price: $274,000
Prior Sale: $350,000 1/17/2006
Listing Date: 09/14/07
-21.7%

6157 MYRADALE LOOP
HAYMARKET, VA 20169
List Price: $325,000
Prior Sale: $414,900 6/21/2005
Listing Date: 09/15/07
-21.7%

10000 CARRINGTON PL
MANASSAS, VA 20109
List Price: $370,000
Prior Sale: $470,000 9/23/2005
Listing Date: 09/12/07
-21.3%

11278 KESSLER PL
MANASSAS, VA 20109
List Price: $299,000
Prior Sale: $379,000 7/1/2005
Listing Date: 09/14/07
-21.1%

15125 CATALPA CT
WOODBRIDGE, VA 22193
List Price: $249,000
Prior Sale: $315,000 6/14/2005
Listing Date: 09/14/07
-21.0%

18254 CAMDENHURST DR
GAINESVILLE, VA 20155
List Price: $390,000
Prior Sale: $493,375 7/26/2005
Listing Date: 09/17/07
-21.0%

14158 ROCKINGHORSE DR
WOODBRIDGE, VA 22193
List Price: $374,900
Prior Sale: $470,000 12/30/2005
Listing Date: 09/17/07
-20.2%

15400 OHIO AVE
WOODBRIDGE, VA 22191
List Price: $300,000
Prior Sale: $370,000 10/21/2005
Listing Date: 09/12/07
-18.9%

13795 TARTAN HILLS PKWY
BRISTOW, VA 20136
List Price: $399,900
Prior Sale: $489,900 9/30/2005
Listing Date: 09/15/07
-18.4%

10166 CANNON BALL CT
MANASSAS, VA 20109
List Price: $159,900
Prior Sale: $191,933 3/23/2004
Listing Date: 09/14/07
-16.7%

5708 RIDGEDALE DR
WOODBRIDGE, VA 22193
List Price: $399,999
Prior Sale: $480,000 8/7/2006
Listing Date: 09/12/07
-16.7%

1508 FEATHERSTONE RD
WOODBRIDGE, VA 22191
List Price: $318,000
Prior Sale: $379,000 12/2/2005
Listing Date: 09/15/07
-16.1%

14008 BANEBERRY CIR
MANASSAS, VA 20112
List Price: $680,000
Prior Sale: $808,800 12/1/2005
Listing Date: 09/12/07
-15.9%

11564 HILL MEADE LN
WOODBRIDGE, VA 22192
List Price: $319,900
Prior Sale: $379,900 10/14/2005
Listing Date: 09/11/07
-15.8%

8011 URBANNA RD
MANASSAS, VA 20109
List Price: $400,000
Prior Sale: $470,000 2/22/2006
Listing Date: 09/15/07
-14.9%

1473 CALIFORNIA ST
WOODBRIDGE, VA 22191
List Price: $250,000
Prior Sale: $292,500 2/1/2007
Listing Date: 09/13/07
-14.5%

2583 OAK TREE LN
WOODBRIDGE, VA 22191
List Price: $350,000
Prior Sale: $405,000 1/3/2007
Listing Date: 09/12/07
-13.6%

2906 WREN CT
WOODBRIDGE, VA 22191
List Price: $210,000
Prior Sale: $242,500 4/1/2005
Listing Date: 09/15/07
-13.4%

12408 EVEREST PEAK LN
WOODBRIDGE, VA 22192
List Price: $380,000
Prior Sale: $436,900 11/29/2005
Listing Date: 09/12/07
-13.0%

8156 COBBLE POND WAY
MANASSAS, VA 20111
List Price: $399,990
Prior Sale: $452,800 8/25/2005
Listing Date: 09/12/07
-11.7%

4402 ENSBROOK LN
WOODBRIDGE, VA 22193
List Price: $269,900
Prior Sale: $304,900 6/1/2005
Listing Date: 09/13/07
-11.5%

13719 GREENWOOD DR
WOODBRIDGE, VA 22193
List Price: $320,000
Prior Sale: $360,000 6/1/2005
Listing Date: 09/14/07
-11.1%

1582 TEAL WAY
WOODBRIDGE, VA 22191
List Price: $575,000
Prior Sale: $640,000 7/29/2005
Listing Date: 09/17/07
-10.2%

13287 KENNY RD
WOODBRIDGE, VA 22193
List Price: $500,000
Prior Sale: $550,000 9/22/2005
Listing Date: 09/12/07
-9.1%

13621 JACKS DR
WOODBRIDGE, VA 22192
List Price: $339,900
Prior Sale: $356,290 9/30/2004
Listing Date: 09/17/07
-4.6%

15537 MELLON CT
HAYMARKET, VA 20169
List Price: $650,000
Prior Sale: $677,436 8/1/2005
Listing Date: 09/15/07
-4.0%

17473 DENALI PL
DUMFRIES, VA 22025
List Price: $295,000
Prior Sale: $300,000 7/1/2004
Listing Date: 09/13/07
-1.7%

Inventory and Price Reductions

Ziprealty.com has a handy feature -- a clickable box that says "Only show properties with reduced prices." Here's a search on 09/17/2007 and 08/15/2007 of all active properties (residential and land) and the percentage of those that have been reduced in price:

9/17/2007				8/15/2007
Arlington	Active: 991			Active: 925
	Reduced: 328	33%		Reduced: 340	37%
Alexandria	Active: 886			Active: 843
	Reduced: 389	44%		Reduced: 375	44%
Fairfax	Active: 8,043			Active: 7,878
	Reduced: 3,783	47%		Reduced: 3,622	46%
Loudoun	Active: 3,688			Active: 3,643
	Reduced: 1,776	48%		Reduced: 1,695	47%
Prince William	Active: 5,591			Active: 5,575
	Reduced: 2,851	51%		Reduced: 2,827	51%
Fauquier	Active: 994			Active: 1,008
	Reduced: 466	47%		Reduced: 473	47%
Stafford	Active: 1,652			Active: 1,725
	Reduced: 814	49%		Reduced: 842	49%
Warren	Active: 941			Active: 936
	Reduced: 379	40%		Reduced: 337	36%

Loudoun County -- On the Market

103 LINCOLN AVE
STERLING, VA 20164
List Price: $305,000
Prior Sale: $525,000 4/17/2006
Listing Date: 09/14/07
-41.9%

43231 CANAL CREEK PL
LEESBURG, VA 20176
List Price: $650,000
Prior Sale: $1,017,860 12/29/2005
Listing Date: 09/10/07
-36.1%

1800 WOODS EDGE DR NE
LEESBURG, VA 20176
List Price: $499,900
Prior Sale: $695,273 11/16/2004
Listing Date: 09/13/07
-28.1%

108 BIRCH ST NE
LEESBURG, VA 20176
List Price: $415,000
Prior Sale: $559,000 03/16/2006
Listing Date: 09/10/07
-25.8%

116 JOHNSON RD N
STERLING, VA 20164
List Price: $374,900
Prior Sale: $500,000 10/30/2006
Listing Date: 09/13/07
-25.0%

123 CONCORD CT
STERLING, VA 20164
List Price: $239,900
Prior Sale: $315,000 06/19/2006
Listing Date: 09/12/07
-23.8%

42423 ROCKSLIDE TER
ASHBURN, VA 20148
List Price: $404,900
Prior Sale: $525,420 02/17/2006
Listing Date: 09/11/07
-22.9%

209 KENNEDY RD S
STERLING, VA 20164
List Price: $350,000
Prior Sale: $450,000 08/31/2005
Listing Date: 09/13/07
-22.2%

25261 DESTINATION SQ
ALDIE, VA 20105
List Price: $409,900
Prior Sale: $525,000 12/27/2006
Listing Date: 09/13/07
-21.9%

340 STALLION SQ NE
LEESBURG, VA 20176
List Price: $310,000
Prior Sale: $395,000 07/06/2005
Listing Date: 09/10/07
-21.5%

108 HOPELAND LN
STERLING, VA 20164
List Price: $341,000
Prior Sale: $430,000 3/28/2005
Listing Date: 09/13/07
-20.7%

1000 GREENTHORN AVE
STERLING, VA 20164
List Price: $380,000
Prior Sale: $475,000 08/28/2006
Listing Date: 09/13/07
-20.0%

806 CATTAIL LN NE
LEESBURG, VA 20176
List Price: $350,500
Prior Sale: $434,900 04/28/2006
Listing Date: 09/13/07
-19.4%

42563 UNBRIDLEDS SONG PL
SOUTH RIDING, VA 20152
List Price: $699,900
Prior Sale: $867,055 08/31/2005
Listing Date: 09/12/07
-19.3%

22365 MAISON CARREE SQ
ASHBURN, VA 20148
List Price: $400,000
Prior Sale: $495,000 01/03/2007
Listing Date: 09/13/07
-19.2%

25211 LARKS TER
SOUTH RIDING, VA 20152
List Price: $449,900
Prior Sale: $552,245 03/02/2006
Listing Date: 09/10/07
-18.5%

42935 CONQUEST CIR
ASHBURN, VA 20148
List Price: $659,900
Prior Sale: $807,010 01/04/2006
Listing Date: 09/11/07
-18.2%

44485 CHAMBERLAIN TER #202
ASHBURN, VA 20147
List Price: $339,900
Prior Sale: $384,649 07/21/2005
Listing Date: 09/12/07
-11.6%

42419 REDSTONE TER
ASHBURN, VA 20148
List price: $419,900
Prior Sale: $474,250 4/11/2006
Listing Date: 04/30/07
-11.5%

42623 GOOD HOPE LN
ASHBURN, VA 20148
List Price: $599,900
Prior Sale: $675,219 08/01/2005
Listing Date: 09/12/07
-11.2%

21731 PINEWOOD CT
STERLING, VA 20164
List Price: $499,000
Prior Sale: $559,000 03/29/2006
Listing Date: 09/11/07
-10.7%

37543 OAK GREEN
PURCELLVILLE, VA 20132
List Price: $599,990
Prior Sale: $670,770 12/30/2005
Listing Date: 09/16/07
-10.6%

601 NATHAN PL NE
LEESBURG, VA 20176
List Price: $459,900
Prior Sale: $505,000 06/01/2006
Listing Date: 09/10/07
-8.9%

416 LILAC TER NE
LEESBURG, VA 20176
List Price: $365,000
Prior Sale: $400,000 12/16/2005
Listing Date: 09/12/07
-8.8%

18316 FAIRWAY OAKS SQ
LEESBURG, VA 20176
List Price: $975,000
Prior Sale: $1,007,093 3/24/2006
Listing Date: 09/14/07
-3.2%

25191 LARKS TER
CHANTILLY, VA 20152
List Price: $474,900
Prior Sale: $489,252 11/06/2006
Listing Date: 09/14/07
-2.9%

42463 HOLLYHOCK TER
ASHBURN, VA 20148
List Price: $325,000
Prior Sale: $325,900 03/18/2005
Listing Date: 09/14/07
-0.3%

100 ROSEBROOK CT NW
LEESBURG, VA 20176
List Price: $599,900
Prior Sale: $600,795 11/01/2005
Listing Date: 09/16/07
-0.1%

Arlington County -- On the Market

5110 COLUMBIA PIKE #2
ARLINGTON, VA 22204
List Price: $220,000
Prior Sale: $270,000 2/27/2006
Listing Date: 09/11/07
-18.5%

5919 3RD ST S
ARLINGTON, VA 22204
List Price: $629,900
Prior Sale: $770,000 12/16/2005
Listing Date: 09/14/07
-18.2%

5565 COLUMBIA PIKE #315
ARLINGTON, VA 22204
List Price: $239,900
Prior Sale: $290,000 4/17/2006
Listing Date: 09/06/07
-17.3%

4718 1ST ST N
ARLINGTON, VA 22203
List Price: $619,000
Prior Sale: $652,000 6/3/2005
Listing Date: 09/04/07
-5.1%

750 DICKERSON ST #12
ARLINGTON, VA 22204
List Price: $230,000
Prior Sale: $230,500 2/28/2005
Listing Date: 09/07/07
-0.2%

4600 FOUR MILE RUN DR #828
ARLINGTON, VA 22204
List Price: $254,900
Prior Sale: $247,900 3/19/2004
Listing Date: 09/13/07
+2.8%

1533 MCKINLEY RD N
ARLINGTON, VA 22205
List Price: $1,320,000
Prior Sale: $1,230,000 6/30/2005
Listing Date: 09/07/07
+7.3%

2804 WAKEFIELD ST #B
ARLINGTON, VA 22206
List Price: $329,000
Prior Sale: $306,000 8/10/2004
Listing Date: 09/13/07
+7.5%

1121 ARLINGTON BLVD #538
ARLINGTON, VA 22209
List Price: $145,000
Prior Sale: $133,000 1/31/2005
Listing Date: 09/10/07
+9.0%

2801 LEE HWY #302
ARLINGTON, VA 22201
List Price: $874,900
Prior Sale: $801,885 8/18/2006
Listing Date: 09/14/07
+9.1%

814 ARLINGTON MILL DR #6-104
ARLINGTON, VA 22204
List Price: $290,000
Prior Sale: $264,900 8/25/2006
Listing Date: 09/13/07
+9.5%

302 CLEVELAND ST
ARLINGTON, VA 22204
List Price: $549,900
Prior Sale: $500,000 2/23/2005
Listing Date: 09/13/07
+10.0%

3600 GLEBE RD #426W
ARLINGTON, VA 22202
List Price: $375,000
Prior Sale: $335,000 3/30/2007
Listing Date: 09/07/07
+11.9%

748 GRANADA ST
ARLINGTON, VA 22204
List Price: $534,900
Prior Sale: $475,000 9/21/2006
Listing Date: 09/14/07
+12.6%

2001 15TH ST N #205
ARLINGTON, VA 22201
List Price: $439,900
Prior Sale: $389,000 4/28/2006
Listing Date: 09/11/07
+13.1%

3609 25TH ST S
ARLINGTON, VA 22206
List Price: $350,000
Prior Sale: $300,000 6/9/2005
Listing Date: 09/11/07
+16.7%

1101 ARLINGTON RIDGE RD S #310
ARLINGTON, VA 22202
List Price: $625,000
Prior Sale: $502,005 4/7/2005
Listing Date: 09/14/07
+24.5%

3600 GLEBE RD S #228W
ARLINGTON, VA 22202
List Price: $429,900
Prior Sale: $343,076 11/22/2006
Listing Date: 09/13/07
+25.3%

4500 FOUR MILE RUN DR #230
ARLINGTON, VA 22204
List Price: $257,900
Prior Sale: $199,900 11/29/2005
Listing Date: 09/07/07
+29.0%

3600 S GLEBE RD S #304
ARLINGTON, VA 22202
List Price: $364,999
Prior Sale: $266,900 11/28/2006
Listing Date: 09/10/07
+36.8%

2001 15TH ST N #207
ARLINGTON, VA 22201
List Price: $569,000
Prior Sale: $414,000 4/18/2006
Listing Date: 09/07/07
+37.4%

Arlington's Listing Bubblette

Perhaps the Washington Post's recent report that August 2007 sales prices rose "25.7 percent in Arlington County, where condominium sales were strong," helped light a fire under potential sellers in Arlington County. According to ZipRealty, in the last seven days 149 houses were newly listed in Arlington, out of a total of 991 that currently are for sale. (Arlington's inventory will be interesting to keep an eye on).

A few things the Washington Post didn't mention about August's Arlington sales:

Total sales volume in August was the lowest it's been in 10 years.

According to the Northern Virginia Association of Realtor's report on Arlington's condo sales, there were 30% fewer sold in 2007 than in 2006. (128 vs. 182).

The median sold price for condos was up 8%.

The median sold price for single family houses was down 1%.

The median sold price for townhouses was up 31%, with a 39% decline in sales volume.

I'll post same-house "on the market" sales for Arlington County tomorrow. The new crop of sellers seem to be optimistic on asking prices.

Local Construction Co. Shuts Doors

From the Washington Business Journal today:

Glen Construction Co. Inc., one of the oldest family-run builders in the Washington region, has run out of money needed to finish its projects and expects to close its doors by year-end, company officials said.

Founded in 1959 by Whitie Hubert, the Gaithersburg company is best known for building the Tycon Tower in Tysons Corner -- often dubbed the "world's largest shopping bag" because of its distinctive arches -- as well as office towers at The Washingtonian in Gaithersburg and King Farm in Rockville, along with the Rainbow Lofts and Georgetown Heights condominiums in the District.
. . .
Industry observers said one possible factor was the company's aggressive foray into the condominium market, which caused Glen Construction to overextend itself by undertaking too many projects without taking into account the high costs and risks involved.

Fairfax County -- On the Market

661 PEMBERTON CT
HERNDON, VA 20170
List Price: $341,900
Prior Sale: $507,000 11/07/2005
Listing Date: 07/20/07
-32.6%

11627 STONEVIEW SQ #78/12C
RESTON, VA 20191
List Price: $209,900
Prior Sale: $300,000 06/22/2005
Listing Date: 09/07/07
-30.0%

810 FALL PL
HERNDON, VA 20170
List Price: $320,000
Prior Sale: $449,900 04/20/2005
Listing Date: 06/28/07
-28.9%

6730 BOWIE DR
SPRINGFIELD, VA 22150
List Price: $349,900
Prior Sale: $485,000 10/26/2005
Listing Date: 08/22/07
-27.9%

11633 STONEVIEW SQ #81/12C
RESTON, VA 20191
List Price: $210,000
Prior Sale: $290,000 01/18/2006
Listing Date: 04/20/07
-27.6%

11621 STONEVIEW SQ #75/11C
RESTON, VA 20191
List Price: $215,000
Prior Sale: $290,000 09/05/2006
Listing Date: 04/23/07
-25.9%

1410 HORIZON CT
HERNDON, VA 20170
List Price: $479,900
Prior Sale: $645,000 08/02/2005
Listing Date: 09/07/07
-25.6%

12167 CALDICOT LN
FAIRFAX, VA 22030
List Price: $528,900
Prior Sale: $679,661 09/07/2005
Listing Date: 09/11/07
-22.2%

2961 ASHDOWN FOREST DR
HERNDON, VA 20171
List Price: $439,900
Prior Sale: $550,000 11/08/2006
Listing Date: 09/07/07
-20.0%

4500 WEYBURN DR
ANNANDALE, VA 22003
List Price: $458,400
Prior Sale: $570,000 01/02/2007
Listing Date: 09/09/07
-19.6%

544 EARLY FALL CT
HERNDON, VA 20170
List Price: $289,900
Prior Sale: $359,000 09/30/2005
Listing Date: 07/30/07
-19.2%

498 ALABAMA DR
HERNDON, VA 20170
List Price: $699,000
Prior Sale: $850,000 10/19/2005
Listing Date: 09/07/07
-17.8%

8693 BENT ARROW CT
SPRINGFIELD, VA 22153
List Price: $299,900
Prior Sale: $359,700 02/27/2006
Listing Date: 09/06/07
-16.6%

7213 HALIFAX PL
SPRINGFIELD, VA 22150
List Price: $715,000
Prior Sale: $855,000 08/02/2006
Listing Date: 09/08/07
-16.4%

6736 BOWIE DR
SPRINGFIELD, VA 22150
List Price: $409,900
Prior Sale: $485,000 08/02/2006
Listing Date: 03/13/07
-15.5%

11658 STONEVIEW SQ #12C
RESTON, VA 20191
List Price: $205,000
Prior Sale: $239,900 11/02/2004
Listing Date: 08/15/07
-14.5%

7940 BENTLEY VILLAGE DR #32A
SPRINGFIELD, VA 22152
List Price: $281,900
Prior Sale: $321,000 11/09/2005
Listing Date: 05/13/07
-12.2%

5809 APPLE WOOD LN
BURKE, VA 22015
List Price: $330,000
Prior Sale: $375,000 12/01/2005
Listing Date: 04/14/07
-12.0%

3039 CASTLE RD
FALLS CHURCH, VA 22044
List Price: $510,000
Prior Sale: $577,500 10/04/2006
Listing Date: 09/13/07
-11.7%

6732 BOWIE DR
SPRINGFIELD, VA 22150
List Price: $414,990
Prior Sale: $469,000 10/24/2005
Listing Date: 05/02/07
-11.5%

5501 LAKEWHITE CT
FAIRFAX, VA 22032
List Price: $369,900
Prior Sale: $413,000 05/02/2006
Listing Date: 09/12/07
-10.4%

6712 BOWIE DR
SPRINGFIELD, VA 22150
List Price: $412,000
Prior Sale: $460,000 12/16/2005
Listing Date: 09/04/07
-10.4%

8605 WESTERN OAK DR
SPRINGFIELD, VA 22153
List Price: $359,900
Prior Sale: $401,000 05/18/2005
Listing Date: 09/09/07
-10.2%

11800 SUNSET HILLS RD #926
RESTON, VA 20190
List Price: $389,900
Prior Sale: $433,900 06/28/2005
Listing Date: 09/11/07
-10.1%

508 HAVEN LN
GREAT FALLS, VA 22066
List Price: $1,021,900
Prior Sale: $1,125,000 12/01/2004
Listing Date: 09/09/07
-9.2%

8063 PAPER BIRCH DR
LORTON, VA 22079
List Price: $795,000
Prior Sale: $862,200 12/28/2005
Listing Date: 09/12/07
-7.8%

5917 SUMMERS LN
FALLS CHURCH, VA 22041
List Price: $995,000
Prior Sale: $1,077,242 05/08/2006
Listing Date: 09/11/07
-7.6%

5476 SERVICEBERRY ST
CENTREVILLE, VA 20120
List Price: $629,900
Prior Sale: $675,000 07/01/2005
Listing Date: 09/11/07
-6.7%

11741 SUMMERCHASE CIR #A
RESTON, VA 20194
List Price: $209,900
Prior Sale: $225,000 05/02/2005
Listing Date: 10/29/06
-6.7%

1627 VALENCIA WAY
RESTON, VA 20190
List Price: $359,900
Prior Sale: $380,000 08/04/2005
Listing Date: 04/18/07
-5.3%

4148 MEADOWLAND CT
CHANTILLY, VA 20151
List Price: $279,900
Prior Sale: $295,000 04/03/2007
Listing Date: 09/12/07
-5.1%

8012 FRYE RD
ALEXANDRIA, VA 22309
List Price: $465,000
Prior Sale: $490,000 10/25/2006
Listing Date: 09/12/07
-5.1%

500 ORRIN ST SE
VIENNA, VA 22180
List Price: $525,000
Prior Sale: $549,000 01/23/2006
Listing Date: 09/07/07
-4.4%

2726 GALLOWS RD #1204
VIENNA, VA 22180
List Price: $399,900
Prior Sale: $415,900 11/08/2005
Listing Date: 09/11/07
-3.8%

12249 PARKSTREAM TER
HERNDON, VA 20170
List Price: $529,000
Prior Sale: $545,000 06/30/2006
Listing Date: 09/10/07
-2.9%

5828 APPLE WOOD LN
BURKE, VA 22015
List Price: $349,500
Prior Sale: $360,000 02/07/2005
Listing Date: 07/12/07
-2.9%

4526 WEYBURN DR
ANNANDALE, VA 22003
List Price: $520,000
Prior Sale: $535,000 08/18/2005
Listing Date: 04/27/07
-2.8%

1516 SUMMERSET PL
HERNDON, VA 20170
List Price: $535,900
Prior Sale: $550,000 09/29/2004
Listing Date: 09/10/07
-2.6%

3302 CLAYBORNE AVE
ALEXANDRIA, VA 22306
List Price: $445,000
Prior Sale: $445,000 03/24/2006
Listing Date: 09/13/07
+0.0%

7113 MASON GROVE CT #4
ALEXANDRIA, VA 22306
List Price: $390,000
Prior Sale: $384,990 05/25/2006
Listing Date: 09/11/07
+1.3%

5632 SHEALS LN
CENTREVILLE, VA 20120
List Price: $790,990
Prior Sale: $763,940 08/01/2005
Listing Date: 10/21/06
+3.5%

9220L CARDINAL FOREST LN #9220L
LORTON, VA 22079
List Price: $342,000
Prior Sale: $330,500 05/27/2005
Listing Date: 09/13/07
+3.5%

804 FALL PL
HERNDON, VA 20170
List Price: $419,900
Prior Sale: $404,000 11/10/2004
Listing Date: 08/20/07
+3.9%

3512 GORDON ST
FALLS CHURCH, VA 22041
List Price: $524,900
Prior Sale: $499,900 01/21/2005
Listing Date: 08/29/07
+5.0%

11741 SUMMERCHASE CIR #D
RESTON, VA 20194
List Price: $215,900
Prior Sale: $200,000 07/01/2004
Listing Date: 09/10/07
+8.0%

5605 SHEALS LN
CENTREVILLE, VA 20120
List Price: $492,000
Prior Sale: $447,861 04/01/2005
Listing Date: 09/11/07
+9.9%

Home Insurance and Property Taxes -- Are Yours Being Paid?

This article from the Wall Street Journal today talks about the potential problem of a defunct loan servicer (in this case, American Home Mortgage). American Home quit making payments to tax authorities and insurance companies Aug. 24.

Freddie Mac said 4,547 loans valued at nearly $797 million are at stake. It said it doesn't have the loan files necessary to pay insurance premiums and property taxes on them, however. "Therefore, there is the imminent risk that borrowers' insurance policies may lapse for nonpayment, subjecting the borrowers to a risk of loss of their mortgaged properties," Freddie Mac said.

Property-tax bills will go unpaid, Freddie Mac said, "resulting in increased tax liabilities and possible tax-foreclosure sales." It added it needs a court order allowing it to seize American Home's loan files "to avoid these serious consequences stemming from AHM's inability to service the Freddie Mac mortgage loans."
. . .
Just days before American Home's bankruptcy filing, Freddie Mac and Ginnie Mae terminated the company's loan-servicing rights. They also sent representatives to collect loan files from American Home's servicing facility in Irving, Texas.

In court documents, American Home said Ginnie Mae representatives "stood in a line in front of the doors and sat on the stairs, preventing AHM Servicing employees from entering the office." Freddie Mac said American Home "had its security personnel escort the Freddie Mac representatives out."

In addition to Freddie Mac and Ginnie Mae, several Wall Street banks are fighting to extract their loans from American Home's servicing operation. The list includes Morgan Stanley, Deutsche Bank AG, Credit Suisse Group and EMC Mortgage.

In an interview last week, Ginnie Mae's senior vice president, Theodore B. Foster, said Ginnie Mae had seized from American Home some of the insurance and tax payments collected from homeowners. "What's occurred is that we have the money, but AHM hasn't been able to or willing to pay the taxes and insurance, and they have the loan records," Mr. Foster said. "Therefore, we don't know who to pay, and we don't know how much."

Prince William County -- On the Market

13667 AMERICA DR
BRISTOW, VA 20136
List Price: $489,900
Prior Sale: $747,903 10/5/2005
Listing Date: 09/08/07
-34.5%

4205 GUNSTON CT
WOODBRIDGE, VA 22193
List Price: $220,000
Prior Sale: $325,000 1/4/2006
Listing Date: 09/10/07
-32.3%

2680 CAST OFF LOOP
WOODBRIDGE, VA 22191
List Price: $499,900
Prior Sale: $713,292 1/19/2006
Listing Date: 09/05/07
-29.9%

1750 ANN SCARLET CT
WOODBRIDGE, VA 22191
List Price: $454,900
Prior Sale: $645,000 10/24/2006
Listing Date: 09/08/07
-29.5%

12501 QUEENSBURY CT
WOODBRIDGE, VA 22192
List Price: $261,500
Prior Sale: $364,000 6/28/2006
Listing Date: 09/05/07
-28.2%

8840 SONG SPARROW DR
GAINESVILLE, VA 20155
List Price: $439,900
Prior Sale: $610,000 11/7/2006
Listing Date: 09/05/07
-27.9%

6100 OMEGA LN
MANASSAS, VA 20112
List Price: $399,000
Prior Sale: $552,000 11/17/2006
Listing Date: 09/10/07
-27.7%

16500 TELESCOPE LN
DUMFRIES, VA 22026
List Price: $419,900
Prior Sale: $580,000 4/19/2006
Listing Date: 09/07/07
-27.6%

12043 KEMPS LANDING CIR
MANASSAS, VA 20109
List Price: $333,375
Prior Sale: $450,000 8/1/2005
Listing Date: 09/06/07
-25.9%

16180 RADBURN ST
WOODBRIDGE, VA 22191
List Price: $474,900
Prior Sale: $630,000 10/2/2006
Listing Date: 09/08/07
-24.6%

4608 TELFAIR CT
WOODBRIDGE, VA 22193
List Price: $239,900
Prior Sale: $315,000 5/12/2005
Listing Date: 09/11/07
-23.8%

2485 PORT POTOMAC
WOODBRIDGE, VA 22191
List Price: $549,000
Prior Sale: $716,725 9/6/2005
Listing Date: 09/06/07
-23.4%

9716 FAIRMONT AVE
MANASSAS, VA 20109
List Price: $305,000
Prior Sale: $397,500 5/20/2005
Listing Date: 07/20/07
-23.3%

7783 BLACK HORSE CT
MANASSAS, VA 20109
List Price: $289,900
Prior Sale: $376,900 9/12/2006
Listing Date: 09/06/07
-23.1%

14915 ENTERPRISE LN
WOODBRIDGE, VA 22191
List Price: $259,900
Prior Sale: $335,000 3/1/2006
Listing Date: 09/11/07
-22.4%

4169 TALON DR
DUMFRIES, VA 22025
List Price: $534,900
Prior Sale: $689,000 10/24/2005
Listing Date: 09/05/07
-22.4%

9204 ASHLEYS PARK LN
BRISTOW, VA 20136
List Price: $520,000
Prior Sale: $649,900 4/24/2006
Listing Date: 09/07/07
-20.0%

18014 DENSWORTH MEWS
GAINESVILLE, VA 20155
List Price: $444,900
Prior Sale: $555,000 7/5/2006
Listing Date: 09/05/07
-19.8%

5070 ANCHORSTONE DR
WOODBRIDGE, VA 22192
List Price: $390,000
Prior Sale: $478,900 2/1/2006
Listing Date: 09/11/07
-18.6%

3525 BUFFALO CT
WOODBRIDGE, VA 22193
List Price: $219,900
Prior Sale: $267,500 5/1/2006
Listing Date: 08/04/07
-17.8%

7604 MARACAIBO CT
GAINESVILLE, VA 20155
List Price: $515,900
Prior Sale: $623,540 9/6/2005
Listing Date: 09/06/07
-17.3%

16151 RADBURN ST
WOODBRIDGE, VA 22191
List Price: $530,500
Prior Sale: $640,000 4/21/2006
Listing Date: 09/11/07
-17.1%

3635 EXPEDITION DR
TRIANGLE, VA 22172
List Price: $524,000
Prior Sale: $630,000 1/4/2006
Listing Date: 09/07/07
-16.8%

15112 ILLINOIS RD
WOODBRIDGE, VA 22191
List Price: $350,000
Prior Sale: $415,000 12/1/2006
Listing Date: 09/10/07
-15.7%

15692 VIEWPOINT CIR
DUMFRIES, VA 22025
List Price: $270,000
Prior Sale: $319,900 6/12/2006
Listing Date: 09/11/07
-15.6%

10930 A P HILL CT
BRISTOW, VA 20136
List Price: $650,000
Prior Sale: $764,080 9/22/2005
Listing Date: 09/06/07
-14.9%

4148 ASHMERE CIR
DUMFRIES, VA 22025
List Price: $317,000
Prior Sale: $368,000 7/22/2005
Listing Date: 09/09/07
-13.9%

15655 WILLIAM BAYLISS CT
WOODBRIDGE, VA 22191
List Price: $450,000
Prior Sale: $520,000 8/25/2006
Listing Date: 09/06/07
-13.5%

6516 ATKINS WAY
GAINESVILLE, VA 20155
List Price: $599,999
Prior Sale: $690,680 8/22/2005
Listing Date: 09/05/07
-13.1%

8013 TYSONS OAKS CT
GAINESVILLE, VA 20155
List Price: $609,900
Prior Sale: $700,000 5/25/2006
Listing Date: 09/07/07
-12.9%

8088 WHISPERING WIND LN
MANASSAS, VA 20111
List Price: $362,900
Prior Sale: $415,000 3/9/2005
Listing Date: 09/07/07
-12.6%

4530 SPARROW CT
WOODBRIDGE, VA 22193
List Price: $259,900
Prior Sale: $295,000 8/16/2006
Listing Date: 09/07/07
-11.9%

12506 COLBY DR
WOODBRIDGE, VA 22192
List Price: $369,000
Prior Sale: $412,000 4/19/2006
Listing Date: 09/11/07
-10.4%

2484 PORT POTOMAC AVE
WOODBRIDGE, VA 22191
List Price: $535,900
Prior Sale: $594,625 6/1/2006
Listing Date: 09/06/07
-9.9%

16604 BADGER CT
DUMFRIES, VA 22026
List Price: $493,500
Prior Sale: $547,635 6/13/2005
Listing Date: 09/07/07
-9.9%

5410 TREVINO DR
HAYMARKET, VA 20169
List Price: $499,900
Prior Sale: $552,771 12/22/2005
Listing Date: 09/10/07
-9.6%

2957 HICKORY CREEK CT
DUMFRIES, VA 22026
List Price: $515,900
Prior Sale: $570,000 8/30/2006
Listing Date: 09/09/07
-9.5%

5524 ARROWFIELD TER
HAYMARKET, VA 20169
List Price: $415,000
Prior Sale: $451,727 5/6/2005
Listing Date: 09/05/07
-8.1%

12902 LEATHERWOOD LN
WOODBRIDGE, VA 22192
List Price: $439,995
Prior Sale: $475,000 5/10/2005
Listing Date: 09/10/07
-7.4%

734 CHEVINGTON CT
WOODBRIDGE, VA 22191
List Price: $454,900
Prior Sale: $490,000 8/19/2005
Listing Date: 09/05/07
-7.2%

14445 BELVEDERE DR
WOODBRIDGE, VA 22193
List Price: $250,000
Prior Sale: $265,000 7/22/2005
Listing Date: 09/10/07
-5.7%

14673 CLOVERDALE RD
WOODBRIDGE, VA 22193
List Price: $340,000
Prior Sale: $360,000 11/2/2004
Listing Date: 09/06/07
-5.6%

13201 QUATE LN
WOODBRIDGE, VA 22193
List Price: $774,900
Prior Sale: $819,229 12/2/2005
Listing Date: 09/07/07
-5.4%

13565 BENTLEY CIR
WOODBRIDGE, VA 22192
List Price: $245,000
Prior Sale: $254,000 9/23/2004
Listing Date: 09/06/07
-3.5%

15014 CHERRYDALE DR
WOODBRIDGE, VA 22193
List Price: $260,000
Prior Sale: $262,700 9/3/2004
Listing Date: 09/06/07
-1.0%

Fauquier, Culpeper, Stafford August Sales

Fauquier County Year Sales Active Listings Ratio Median Sold Price 2007 60 823 13.72 $355,950 2006 79 823 10.42 $400,000 2005 125 446 3.57 $439,000 2004 114 314 2.75 $360,500 2003 102 351 3.44 $283,060 2002 91 328 3.60 $249,900 2001 124 320 2.58 $208,645 2000 102 257 2.52 $169,450 1999 92 377 4.10 $174,000 1998 72 529 7.35 $161,750 1997 78 724 9.28 $165,139 Culpeper County Year Sales Active Listings Ratio Median Sold Price 2007 32 814 25.44 $312,000 2006 40 751 18.78 $320,400 2005 81 361 4.46 $372,900 2004 74 220 2.97 $289,700 2003 54 194 3.59 $249,500 2002 52 171 3.29 $216,500 2001 83 167 2.01 $129,900 2000 56 211 3.77 $140,450 1999 50 284 5.68 $127,950 1998 50 384 7.68 $122,599 1997 38 436 11.47 $143,000 Stafford County Year Sales Active Listings Ratio Median Sold Price 2007 127 1,585 12.48 $353,900 2006 187 1,567 8.38 $375,000 2005 305 642 2.10 $399,500 2004 309 413 1.34 $303,800 2003 271 425 1.57 $248,900 2002 228 425 1.86 $208,000 2001 244 433 1.77 $168,500 2000 158 477 3.02 $166,500 1999 171 579 3.39 $152,000 1998 131 736 5.62 $149,000 1997 107 797 7.45 $142,900

A Decade of August Sales

Arlington County Year Sales Active Listings Ratio Median Sold Price 2007 235 990 4.21 $528,000 2006 300 1,246 4.15 $420,000 2005 373 459 1.23 $490,000 2004 404 297 0.74 $409,500 2003 364 322 0.88 $350,000 2002 292 382 1.31 $292,850 2001 320 290 0.91 $256,500 2000 339 328 0.97 $217,500 1999 301 540 1.79 $193,500 1998 301 N/A N/A $200,000 Alexandria City Year Sales Active Listings Ratio Median Sold Price 2007 212 914 4.31 $455,000 2006 226 1,148 5.08 $440,000 2005 288 471 1.64 $449,000 2004 332 347 1.05 $380,000 2003 300 247 0.82 $302,750 2002 270 282 1.04 $250,000 2001 338 260 0.77 $228,767 2000 258 301 1.17 $156,000 1999 241 581 2.41 $205,500 1998 178 N/A N/A $171,450 Fairfax County Year Sales Active Listings Ratio Median Sold Price 2007 1,224 8,231 6.72 $478,750 2006 1,454 8,677 5.97 $469,000 2005 2,393 3,976 1.66 $500,000 2004 2,564 2,681 1.05 $395,000 2003 2,575 2,946 1.14 $332,000 2002 2,196 3,297 1.50 $289,900 2001 2,342 3,117 1.33 $250,000 2000 2,268 2,218 0.98 $214,997 1999 2,068 3,999 1.93 $207,750 1998 1,844 N/A N/A $200,000 Loudoun County Year Sales Active Listings Ratio Median Sold Price 2007 411 3,712 9.03 $444,500 2006 448 4,437 9.90 $486,500 2005 851 2,266 2.66 $506,100 2004 869 1,368 1.57 $394,398 2003 802 1,238 1.54 $311,750 2002 581 1,608 2.77 $275,000 2001 669 1,368 2.04 $250,000 2000 497 907 1.82 $207,000 1999 316 1,095 3.47 $185,000 1998 329 1,478 4.49 $192,000 1997 236 1,630 6.91 $174,950 Prince William County & Manassas Year Sales Active Listings Ratio Median Sold Price 2007 461 6,515 14.13 $362,500 2006 613 6,037 9.85 $373,000 2005 1,342 2,753 2.05 $389,700 2004 1,309 1,534 1.17 $300,000 2003 1,007 1,660 1.65 $234,900 2002 928 1,599 1.72 $194,900 2001 943 1,446 1.53 $164,900 2000 794 1,053 1.33 $140,000 1999 587 1,828 3.11 $132,000 1998 443 2,377 5.37 $145,500 1997 360 2,649 7.36 $143,000