- Housing market activity increased in February 2011 compared to February 2010 with dollar volume up 17.98%, units sold up 12.5%, and new listings down 11.43%. - Average and median sold prices rose 4.87% and 3.72% respectively while days on market increased 134.21%. - Inventory levels rose with 60 active listings, up 39.53% from the previous year, and 52 total pending sales, down 24.64%.

1. 22152
Monthly Market Statistics - Detailed Report
February-2011
Sold Summary Inventory
Feb-2011 Feb-2010 % Change Feb-2011 Feb-2010 % Change
Sold Dollar Volume $7,113,000 $6,029,065 17.98% Active Listings 60 43 39.53%
Avg Sold Price $395,167 $376,817 4.87% New Listings 31 35 -11.43%
Median Sold Price $336,500 $349,500 -3.72% New Under Contracts 9 13 -30.77%
Units Sold 18 16 12.50% New Contingents 22 13 69.23%
Avg Days on Market 89 38 134.21% New Pendings 31 26 19.23%
Avg List Price for Solds $409,865 $375,830 9.06% Total Pendings 52 69 -24.64%
Avg SP to OLP Ratio 90.6% 97.7% -7.26%
Financing (Sold) Days on Market (Sold)
Ratio of Avg SP to Avg OLP 91.2% 97.6% -6.49%
Assumption 0 0 0
Attached Avg Sold Price $283,000 $307,000 -7.82%
Cash 2 1 to 10 1
Detached Avg Sold Price $451,250 $466,581 -3.29%
Conventional 7 11 to 20 0
Attached Units Sold 6 9 -33.33%
FHA 5 21 to 30 2
Detached Units Sold 12 7 71.43%
Other 1 31 to 60 2
Notes: Owner 0 61 to 90 6
SP = Sold Price
OLP = Original List Price VA 3 91 to 120 3
LP = List Price (at time of sale)
Garage/Parking Spaces are not included in Detached/Attached section totals. 121 to 180 3
181 to 360 1
361 to 720 0
721+ 0
Sold Detail Active Detail
Residential Condo/Coop Active Listings
2 or Less BR 3 BR 4 or More BR All Residential Condo/Coop
Price Ranges Detached Attached/TH Detached Attached/TH Detached Attached/TH Attached Detached Attached/TH Attached
< $50,000 0 0 0 0 0 0 0 0 0 0
$50K to $99,999 0 0 0 0 0 0 0 0 0 0
$100K to $149,999 0 0 0 0 0 0 1 0 0 1
$150K to $199,999 0 0 0 0 0 0 0 0 0 8
$200K to $299,999 0 0 0 2 0 0 0 2 5 7
$300K to $399,999 0 0 1 3 5 0 0 4 7 1
$400K to $499,999 0 0 0 0 2 0 0 16 1 1
$500K to $599,999 0 0 0 0 1 0 0 5 0 0
$600K to $799,999 0 0 0 0 3 0 0 1 0 0
$800K to $999,999 0 0 0 0 0 0 0 1 0 0
$1M to $2,499,999 0 0 0 0 0 0 0 0 0 0
$2.5M to $4,999,999 0 0 0 0 0 0 0 0 0 0
$5,000,000+ 0 0 0 0 0 0 0 0 0 0
Total 0 0 1 5 11 0 1 29 13 18
Avg Sold Price $0 $0 $310,000 $310,600 $464,091 $0 $145,000
Prev Year - Avg Sold Price $778,065 $0 $480,000 $336,857 $401,600 $0 $202,500
Avg Sold % Change 0.00% 0.00% -35.42% -7.79% 15.56% 0.00% -28.40%
Prev Year - # of Solds 1 0 1 7 5 0 2
Source: RealEstate Business Intelligence, LLC. An MRIS company. Statistics generated on 03/09/2011.
Copyright 2011 - All Rights Reserved. Information deemed reliable, but is not guaranteed.