Northern Virginia Home Sales Report - September 2008

The Following Chart shows September 2008 Homes Sales Report according to the Northern Virginia Association Of Realtors. As you will see Home Sales have increased compared to the same time last year. However, The Average Home Price, as well as the Median Home Price have decreased between 20% and 23% respectively.

NORTHERN VIRGINIA AREA*
HOME SALES REPORT
September 2008

2008 2007

SEPTEMBER HOME SALES	2008	2007
Detached	674	424
Attached	554	301
Condos & Co-ops	422	347
Total	(+ 53.92%) 1,650	1,072
Average Days On Market	(+ 9.41%) 93	85
SEPTEMBER ACTIVE LISTINGS
Detached	4,386	5,010
Attached	2,321	2,881
Condos & Co-ops	2,405	2,830
Total	(-15.01%) 9,112	10,721
Months Supply	(-44.78%) 5.52	10.00
SEPTEMBER SALES PRICE
Average	(-22.96%) $407,748	$529,278
Median	(-20.85%) $348,250	$440,000
YEAR TO DATE
YTD Homes Sold	(-15.91%) 13,513	14,655
YTD Sales Volume	$6,295,581,515	$7,930,497,683
YTD Average Sales Price	(-13.79%) $465,891	$541,146