NORTHERN VIRGINIA ASSOCIATION OF REALTORS®  Released April 10, 2008 The Voice for Real Estate in Northern Virginia 8411 Arlington Boulevard, Fairfax, Virginia 22031 Contact: Ann Gutkin, Public Affairs Coordinator Phone: 703/207-3262 Internet: http://www.nvar.com/ • E-mail: agutkin@nvar.com

NORTHERN VIRGINIA AREA*
HOME SALES REPORT
April 2008

APRIL HOME SALES	2008	2007
Detached	624	642
Attached	470	497
Condos & Co-ops	361	492
Total	(-10.79%)1,455	1,631
Average Days On Market	(+21.95%)100	82
APRIL ACTIVE LISTINGS
Detached	5,052	4,382
Attached	2,903	2,186
Condos & Co-ops	2,744	2,597
Total	(+16.74%) 10,699	9,165
Months Supply	(+30.86%) 7.35	5.62
APRIL SALES PRICE
Average	(-8.59 %) $484,432	$529,943
Median	(-12.02%) $413,500	$470,000
YEAR TO DATE
YTD Homes Sold	(-29.12%) 4,390	6,194
YTD Sales Volume	$2,112,756,368	$3,241,741,759
YTD Average Sales Price	(-8.04%) $481,266	$523,368

 

* EDITOR'S NOTE: Figures are based on data extracted from the Metropolitan Regional Information System, Inc (MRIS). Figures include data collected from the counties of Fairfax and Arlington, and the cities of Alexandria, Falls Church, Fairfax, and the towns of Vienna, Herndon and Clifton. Ground Rent units are included in Condos & Co-ops. The information is deemed reliable but not guaranteed. Data maintained by MRIS may not reflect all real estate activity in the market.

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