SlideShare une entreprise Scribd logo
1  sur  2
Télécharger pour lire hors ligne
Focus On: Fairfax County Housing Market                                                                                                                      December 2010


               Units Sold                             Active Inventory                               Median Sale Price                                   Days On Market
                   1,026                                            2,815                                         $390,000                                               50
  2,000                                            7,000                                             500,000                                            80
                                                   6,000                                                                                                70
                                                                                                     400,000
  1,500                                            5,000                                                                                                60
                                                                                                     300,000                                            50
                                                   4,000
  1,000                                                                                                                                                 40
                                                   3,000                                             200,000                                            30
                                                   2,000                                                                                                20
    500
                                                                                                     100,000
                                                   1,000                                                                                                10
      0                                               0                                                   0                                              0

          D-08 A-09 A-09 D-09 A-10 A-10 D-10               D-08 A-09 A-09 D-09 A-10 A-10 D-10                  D-08 A-09 A-09 D-09 A-10 A-10 D-10            D-08 A-09 A-09 D-09 A-10 A-10 D-10



               Down -2%                                       Down -16%                                            Up 8%                                           Up 32%
               Vs. Year Ago                                   Vs. Year Ago                                      Vs. Year Ago                                     Vs. Year Ago

                                       Units Sold*
                       Sold Detached           Sold Attached            Sold Condo/ Coop
    1,000
      900
                                                                                                Units Sold
      800
                                                                                                There was an increase in total units sold in December, with
      700
                                                                                                1,026 sold this month in Fairfax County versus 944 last
      600
                                                                                                month, an increase of 9%. This month's total units sold was
      500
                                                                                                lower than at this time last year, a decrease of 2% versus
      400                                                                                       December 2009. The current month's total is lower than the
      300                                                                                       twelve month average of 1,147.
      200
      100
           0
                                                                                                                                     Active Inventory*
                                                                                                                      Active Detached          Active Attached         Active Condo/ Coop
                                                                                                    7,000

                                                                                                    6,000

                                                                                                    5,000


                                                     Active Inventory                               4,000

                                                                                                    3,000
      Versus last year, the total number of homes available this
      month is lower by 554 units or 16%. The total number of                                       2,000
  active inventory this December was 2,815 compared to 3,369                                        1,000
  in December 2009. This month's total of 2,815 is lower than
                                                                                                         0
    the previous month's total supply of available inventory of
                                       3,464, a decrease of 19%.


                                Median Sale Price
 500,000                                                                                        Median Sale Price
                                                                                                Last December, the median sale price in Fairfax County was
 400,000                                                                                        $361,000. This December, the median sale price was
                                                            Dec-10                              $390,000, an increase of 8% or $29,000 compared to last year.
 300,000                           Dec-09
                                                           $390,000                             The current median sold price is 4% higher than in November.
                                  $361,000
 200,000

 100,000
                                                                                                Median sale price is the middle sale price in a given month. The same number
           0                                                                                    of properties are above & below the median.


*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s
knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not
reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not
constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
Focus On: Fairfax County Housing Market                                                                                                                                                                                     December 2010


           New Listings                                                                   Current Contracts                                                           Sold Vs. List Price                           Months of Supply
                             790                                                                                       859                                                          97.2%                                               2.7
  3,500                                                                                  2,000                                                                         100%                                         10
  3,000                                                                                                                                                                 99%
                                                                                         1,500
  2,500
                                                                                                                                                                        98%
  2,000
                                                                                         1,000                                                                          97%                                             5
  1,500
                                                                                                                                                                        96%
  1,000                                                                                   500
    500                                                                                                                                                                 95%

      0                                                                                        0                                                                        94%                                             0

          D-08 A-09 A-09 D-09 A-10 A-10 D-10                                                       D-08 A-09 A-09 D-09 A-10 A-10 D-10                                         D-08 A-09 A-09 D-09 A-10 A-10 D-10            D-08 A-09 A-09 D-09 A-10 A-10 D-10



                 Down -18%                                                                               Up 14%                                                               Down -0.4%                                        Down -15%
                 Vs. Year Ago                                                                          Vs. Year Ago                                                           Vs. Year Ago                                      Vs. Year Ago

                                                Months Of Supply

                                                                                                                                                                  Months of Supply
                 6.4




     7
                       5.9




     6                                                                                                                                                            In December, there was 2.7 months of supply available in
                             5.0
           4.7




                                                                                               4.4




                                                                                                                                               4.3




                                                                                                                                                                  Fairfax County, compared to 3.2 in December 2009. That is a
                                                                                         4.3




                                                                                                                                         4.2




     5
                                   4.1




                                                                                                                                                     3.7
                                                                                                                             3.5
                                         3.5




                                                                                                     3.5




                                                                                                                                   3.4




                                                                                                                                                                  decrease of 15% versus a year ago.
                                                                                                           3.3
                                                                                   3.2




     4
                                                                       3.1
                                                                             3.1
                                                                 3.1
                                                           3.0




                                                                                                                 3.0
                                                     2.9




                                                                                                                                                           2.7
                                               2.7




                                                                                                                       2.7




     3
     2                                                                                                                                                            Months of supply is calculated by dividing current inventory by current sales. It
     1                                                                                                                                                            indicates how many months would be needed to sell all of the inventory
                                                                                                                                                                  available at the current rate of demand.
     0


                                                                                                                                                                                      New Listings & Current Contracts
                                                                                                                                                                                               Number of New Listings                 Total Pending
                                                                                                                                                                   3,500
                                                                                                                                                                   3,000
                 New Listings & Current Contracts                                                                                                                  2,500
     This month there were 790 homes newly listed for sale in                                                                                                      2,000
          Fairfax County compared to 960 in December 2009, a                                                                                                       1,500
   decrease of 18%. There were 859 current contracts pending                                                                                                       1,000
  sale this December compared to 756 a year ago. The number
                                                                                                                                                                     500
             of current contracts is 20% lower than last month.
                                                                                                                                                                       0



                                   Sale Price/ List Price & DOM
                                               Avg Sale / Avg List                                     Average DOM
  99%                                                                                                                                                        80
  98%                                                                                                                                                        70   Sale Price to List Price Ratio
  98%                                                                                                                                                        60   In December, the average sale price in Fairfax County was
                                                                                                                                                             50
  97%                                                                                                                                                             97.2% percent of the average list price, which is 0.4% lower
                                                                                                                                                             40
  97%                                                                                                                                                             than at this time last year.
                                                                                                                                                             30
  96%
  96%
                                                                                                                                                             20
                                                                                                                                                             10
                                                                                                                                                                  Days On Market
  95%                                                                                                                                                        0    This month, the average number of days on market was 50,
                                                                                                                                                                  higher than the average last year, which was 38, an increase
                                                                                                                                                                  of 32%.


*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s
knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not
reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not
constitute an opinion of MRIS or Long & Foster Real Estate, Inc.

Contenu connexe

Tendances

120511 iasi danuabe survey - Mr Orhan Ibram
120511 iasi   danuabe survey - Mr Orhan Ibram120511 iasi   danuabe survey - Mr Orhan Ibram
120511 iasi danuabe survey - Mr Orhan IbramRESTORE
 
Line by environment interaction, yield stability and grouping of test locatio...
Line by environment interaction, yield stability and grouping of test locatio...Line by environment interaction, yield stability and grouping of test locatio...
Line by environment interaction, yield stability and grouping of test locatio...ILRI
 
fiserv annual reports 2003
fiserv annual reports 2003fiserv annual reports 2003
fiserv annual reports 2003finance47
 
Detroit Work Project - Short Term Presentation
Detroit Work Project - Short Term PresentationDetroit Work Project - Short Term Presentation
Detroit Work Project - Short Term Presentationstranflow
 
Cumberland-Atlantic-counties-data-demographics-uez
Cumberland-Atlantic-counties-data-demographics-uezCumberland-Atlantic-counties-data-demographics-uez
Cumberland-Atlantic-counties-data-demographics-uezfianacone
 
The Death of Newspapers? Finding business models in a perfect storm.
The Death of Newspapers? Finding business models in a perfect storm.The Death of Newspapers? Finding business models in a perfect storm.
The Death of Newspapers? Finding business models in a perfect storm.joannageary
 
newmont mining June_JPMorgan_Conference_Final
newmont mining June_JPMorgan_Conference_Finalnewmont mining June_JPMorgan_Conference_Final
newmont mining June_JPMorgan_Conference_Finalfinance37
 
Lead Generation Metrics Dashboard
Lead Generation Metrics DashboardLead Generation Metrics Dashboard
Lead Generation Metrics DashboardDemand Metric
 
pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812
pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812
pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812finance42
 
Us Commercial Real Estate The Next Drag Aug12
Us Commercial Real Estate The Next Drag Aug12Us Commercial Real Estate The Next Drag Aug12
Us Commercial Real Estate The Next Drag Aug12futlus
 
fiserv annual reports 2005
fiserv annual reports 2005fiserv annual reports 2005
fiserv annual reports 2005finance47
 
CDON Group October roadshow
CDON Group October roadshowCDON Group October roadshow
CDON Group October roadshowQliro Group AB
 
state online video 2010
state online video 2010state online video 2010
state online video 2010Juan Varela
 
Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)
Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)
Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)City of Fort Collins, CO
 
parker hannifin 2008 Annual
parker hannifin 2008 Annualparker hannifin 2008 Annual
parker hannifin 2008 Annualfinance25
 
Presentation 1 q12 conference call
Presentation 1 q12 conference callPresentation 1 q12 conference call
Presentation 1 q12 conference callJBS RI
 

Tendances (18)

120511 iasi danuabe survey - Mr Orhan Ibram
120511 iasi   danuabe survey - Mr Orhan Ibram120511 iasi   danuabe survey - Mr Orhan Ibram
120511 iasi danuabe survey - Mr Orhan Ibram
 
Line by environment interaction, yield stability and grouping of test locatio...
Line by environment interaction, yield stability and grouping of test locatio...Line by environment interaction, yield stability and grouping of test locatio...
Line by environment interaction, yield stability and grouping of test locatio...
 
fiserv annual reports 2003
fiserv annual reports 2003fiserv annual reports 2003
fiserv annual reports 2003
 
Parker Hannifin 2012 Annual Report
Parker Hannifin 2012 Annual ReportParker Hannifin 2012 Annual Report
Parker Hannifin 2012 Annual Report
 
Detroit Work Project - Short Term Presentation
Detroit Work Project - Short Term PresentationDetroit Work Project - Short Term Presentation
Detroit Work Project - Short Term Presentation
 
Cumberland-Atlantic-counties-data-demographics-uez
Cumberland-Atlantic-counties-data-demographics-uezCumberland-Atlantic-counties-data-demographics-uez
Cumberland-Atlantic-counties-data-demographics-uez
 
The Death of Newspapers? Finding business models in a perfect storm.
The Death of Newspapers? Finding business models in a perfect storm.The Death of Newspapers? Finding business models in a perfect storm.
The Death of Newspapers? Finding business models in a perfect storm.
 
Mathur
MathurMathur
Mathur
 
newmont mining June_JPMorgan_Conference_Final
newmont mining June_JPMorgan_Conference_Finalnewmont mining June_JPMorgan_Conference_Final
newmont mining June_JPMorgan_Conference_Final
 
Lead Generation Metrics Dashboard
Lead Generation Metrics DashboardLead Generation Metrics Dashboard
Lead Generation Metrics Dashboard
 
pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812
pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812
pulte homes 91DC7C77-0015-45F1-A981-8387FF35D0E1_phm_InvestorPresentation200812
 
Us Commercial Real Estate The Next Drag Aug12
Us Commercial Real Estate The Next Drag Aug12Us Commercial Real Estate The Next Drag Aug12
Us Commercial Real Estate The Next Drag Aug12
 
fiserv annual reports 2005
fiserv annual reports 2005fiserv annual reports 2005
fiserv annual reports 2005
 
CDON Group October roadshow
CDON Group October roadshowCDON Group October roadshow
CDON Group October roadshow
 
state online video 2010
state online video 2010state online video 2010
state online video 2010
 
Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)
Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)
Fort Collins, CO - Mid-town Corridor (Including Foothills Mall)
 
parker hannifin 2008 Annual
parker hannifin 2008 Annualparker hannifin 2008 Annual
parker hannifin 2008 Annual
 
Presentation 1 q12 conference call
Presentation 1 q12 conference callPresentation 1 q12 conference call
Presentation 1 q12 conference call
 

En vedette

Lich Phat Song VOH 2012
Lich Phat Song VOH 2012Lich Phat Song VOH 2012
Lich Phat Song VOH 2012EUP STONE
 
Northern Virginia Loudoun County Housing Market
Northern Virginia Loudoun County Housing MarketNorthern Virginia Loudoun County Housing Market
Northern Virginia Loudoun County Housing MarketBetty Plashal
 
Area and perimeter
Area and perimeterArea and perimeter
Area and perimeterTurnhout
 
Spring 2012 10 week SUMMARY
Spring 2012 10 week SUMMARYSpring 2012 10 week SUMMARY
Spring 2012 10 week SUMMARYRUBibleStudy
 

En vedette (6)

En 7ab el rab
En 7ab el rabEn 7ab el rab
En 7ab el rab
 
Lich Phat Song VOH 2012
Lich Phat Song VOH 2012Lich Phat Song VOH 2012
Lich Phat Song VOH 2012
 
Northern Virginia Loudoun County Housing Market
Northern Virginia Loudoun County Housing MarketNorthern Virginia Loudoun County Housing Market
Northern Virginia Loudoun County Housing Market
 
Xerte20091019
Xerte20091019Xerte20091019
Xerte20091019
 
Area and perimeter
Area and perimeterArea and perimeter
Area and perimeter
 
Spring 2012 10 week SUMMARY
Spring 2012 10 week SUMMARYSpring 2012 10 week SUMMARY
Spring 2012 10 week SUMMARY
 

Similaire à Northern Virginia Fairfax County Housing Market

מצגת ניהול תיקי השקעות מוקד סלע
מצגת ניהול תיקי השקעות   מוקד סלעמצגת ניהול תיקי השקעות   מוקד סלע
מצגת ניהול תיקי השקעות מוקד סלעmayavital13
 
מצגת ניהול תיקי השקעות מוקד סלע
מצגת ניהול תיקי השקעות   מוקד סלעמצגת ניהול תיקי השקעות   מוקד סלע
מצגת ניהול תיקי השקעות מוקד סלעmayavital13
 
fiserv annual reports 2004
fiserv annual reports 2004fiserv annual reports 2004
fiserv annual reports 2004finance47
 
ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...
ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...
ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...ACGEU
 
Power Start Simplified
Power Start SimplifiedPower Start Simplified
Power Start SimplifiedPat Williams
 
Google analytics-seasonality
Google analytics-seasonalityGoogle analytics-seasonality
Google analytics-seasonalitySemetis
 
EMYH Working Capital Solutions Brochure
EMYH Working Capital Solutions BrochureEMYH Working Capital Solutions Brochure
EMYH Working Capital Solutions BrochureA Garcia
 
Do You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hours
Do You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hoursDo You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hours
Do You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hoursEMYH Funding | Working Capital Solutions
 
Ameri Veri Cr Projected Savings Chart V101612
Ameri Veri Cr Projected Savings Chart V101612Ameri Veri Cr Projected Savings Chart V101612
Ameri Veri Cr Projected Savings Chart V101612Julian Pace, MHA
 
Comparison wz peer grps
Comparison wz peer grpsComparison wz peer grps
Comparison wz peer grpsArpita Shah
 
Edgar's power point
Edgar's power pointEdgar's power point
Edgar's power pointEdgar_Rios
 
Key Marketing Metrics Dashboard
Key Marketing Metrics DashboardKey Marketing Metrics Dashboard
Key Marketing Metrics DashboardDemand Metric
 
Claude Resources Inc. PDAC 2013 Presentation
Claude Resources Inc. PDAC 2013 PresentationClaude Resources Inc. PDAC 2013 Presentation
Claude Resources Inc. PDAC 2013 PresentationClaude Resources Inc.
 
Strathcona update sept.20 2010
Strathcona  update sept.20 2010Strathcona  update sept.20 2010
Strathcona update sept.20 2010Gerry Gabinet
 

Similaire à Northern Virginia Fairfax County Housing Market (20)

מצגת ניהול תיקי השקעות מוקד סלע
מצגת ניהול תיקי השקעות   מוקד סלעמצגת ניהול תיקי השקעות   מוקד סלע
מצגת ניהול תיקי השקעות מוקד סלע
 
מצגת ניהול תיקי השקעות מוקד סלע
מצגת ניהול תיקי השקעות   מוקד סלעמצגת ניהול תיקי השקעות   מוקד סלע
מצגת ניהול תיקי השקעות מוקד סלע
 
fiserv annual reports 2004
fiserv annual reports 2004fiserv annual reports 2004
fiserv annual reports 2004
 
ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...
ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...
ACG European Capital Tour: Investing pitfalls / lessons learned and big succe...
 
Power Start Simplified
Power Start SimplifiedPower Start Simplified
Power Start Simplified
 
Google analytics-seasonality
Google analytics-seasonalityGoogle analytics-seasonality
Google analytics-seasonality
 
EMYH Working Capital Solutions Brochure
EMYH Working Capital Solutions BrochureEMYH Working Capital Solutions Brochure
EMYH Working Capital Solutions Brochure
 
Do You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hours
Do You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hoursDo You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hours
Do You Need Working Capital? No Upfront Fees, No Games | Up to $10M in 48 hours
 
Ameri Veri Cr Projected Savings Chart V101612
Ameri Veri Cr Projected Savings Chart V101612Ameri Veri Cr Projected Savings Chart V101612
Ameri Veri Cr Projected Savings Chart V101612
 
ACGHK 2011 Chinese
ACGHK 2011 ChineseACGHK 2011 Chinese
ACGHK 2011 Chinese
 
Comparison wz peer grps
Comparison wz peer grpsComparison wz peer grps
Comparison wz peer grps
 
Edgar's power point
Edgar's power pointEdgar's power point
Edgar's power point
 
Key Marketing Metrics Dashboard
Key Marketing Metrics DashboardKey Marketing Metrics Dashboard
Key Marketing Metrics Dashboard
 
Claude Resources Inc. PDAC 2013 Presentation
Claude Resources Inc. PDAC 2013 PresentationClaude Resources Inc. PDAC 2013 Presentation
Claude Resources Inc. PDAC 2013 Presentation
 
Strathcona update sept.20 2010
Strathcona  update sept.20 2010Strathcona  update sept.20 2010
Strathcona update sept.20 2010
 
ms_excel_2007_winxp
ms_excel_2007_winxpms_excel_2007_winxp
ms_excel_2007_winxp
 
ms_excel_2010_win7
ms_excel_2010_win7ms_excel_2010_win7
ms_excel_2010_win7
 
ms_excel_2007_winxp
ms_excel_2007_winxpms_excel_2007_winxp
ms_excel_2007_winxp
 
ms_excel_2010_win7
ms_excel_2010_win7ms_excel_2010_win7
ms_excel_2010_win7
 
ms_excel_2007_winxp
ms_excel_2007_winxpms_excel_2007_winxp
ms_excel_2007_winxp
 

Northern Virginia Fairfax County Housing Market

  • 1. Focus On: Fairfax County Housing Market December 2010 Units Sold Active Inventory Median Sale Price Days On Market 1,026 2,815 $390,000 50 2,000 7,000 500,000 80 6,000 70 400,000 1,500 5,000 60 300,000 50 4,000 1,000 40 3,000 200,000 30 2,000 20 500 100,000 1,000 10 0 0 0 0 D-08 A-09 A-09 D-09 A-10 A-10 D-10 D-08 A-09 A-09 D-09 A-10 A-10 D-10 D-08 A-09 A-09 D-09 A-10 A-10 D-10 D-08 A-09 A-09 D-09 A-10 A-10 D-10 Down -2% Down -16% Up 8% Up 32% Vs. Year Ago Vs. Year Ago Vs. Year Ago Vs. Year Ago Units Sold* Sold Detached Sold Attached Sold Condo/ Coop 1,000 900 Units Sold 800 There was an increase in total units sold in December, with 700 1,026 sold this month in Fairfax County versus 944 last 600 month, an increase of 9%. This month's total units sold was 500 lower than at this time last year, a decrease of 2% versus 400 December 2009. The current month's total is lower than the 300 twelve month average of 1,147. 200 100 0 Active Inventory* Active Detached Active Attached Active Condo/ Coop 7,000 6,000 5,000 Active Inventory 4,000 3,000 Versus last year, the total number of homes available this month is lower by 554 units or 16%. The total number of 2,000 active inventory this December was 2,815 compared to 3,369 1,000 in December 2009. This month's total of 2,815 is lower than 0 the previous month's total supply of available inventory of 3,464, a decrease of 19%. Median Sale Price 500,000 Median Sale Price Last December, the median sale price in Fairfax County was 400,000 $361,000. This December, the median sale price was Dec-10 $390,000, an increase of 8% or $29,000 compared to last year. 300,000 Dec-09 $390,000 The current median sold price is 4% higher than in November. $361,000 200,000 100,000 Median sale price is the middle sale price in a given month. The same number 0 of properties are above & below the median. *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
  • 2. Focus On: Fairfax County Housing Market December 2010 New Listings Current Contracts Sold Vs. List Price Months of Supply 790 859 97.2% 2.7 3,500 2,000 100% 10 3,000 99% 1,500 2,500 98% 2,000 1,000 97% 5 1,500 96% 1,000 500 500 95% 0 0 94% 0 D-08 A-09 A-09 D-09 A-10 A-10 D-10 D-08 A-09 A-09 D-09 A-10 A-10 D-10 D-08 A-09 A-09 D-09 A-10 A-10 D-10 D-08 A-09 A-09 D-09 A-10 A-10 D-10 Down -18% Up 14% Down -0.4% Down -15% Vs. Year Ago Vs. Year Ago Vs. Year Ago Vs. Year Ago Months Of Supply Months of Supply 6.4 7 5.9 6 In December, there was 2.7 months of supply available in 5.0 4.7 4.4 4.3 Fairfax County, compared to 3.2 in December 2009. That is a 4.3 4.2 5 4.1 3.7 3.5 3.5 3.5 3.4 decrease of 15% versus a year ago. 3.3 3.2 4 3.1 3.1 3.1 3.0 3.0 2.9 2.7 2.7 2.7 3 2 Months of supply is calculated by dividing current inventory by current sales. It 1 indicates how many months would be needed to sell all of the inventory available at the current rate of demand. 0 New Listings & Current Contracts Number of New Listings Total Pending 3,500 3,000 New Listings & Current Contracts 2,500 This month there were 790 homes newly listed for sale in 2,000 Fairfax County compared to 960 in December 2009, a 1,500 decrease of 18%. There were 859 current contracts pending 1,000 sale this December compared to 756 a year ago. The number 500 of current contracts is 20% lower than last month. 0 Sale Price/ List Price & DOM Avg Sale / Avg List Average DOM 99% 80 98% 70 Sale Price to List Price Ratio 98% 60 In December, the average sale price in Fairfax County was 50 97% 97.2% percent of the average list price, which is 0.4% lower 40 97% than at this time last year. 30 96% 96% 20 10 Days On Market 95% 0 This month, the average number of days on market was 50, higher than the average last year, which was 38, an increase of 32%. *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.