NORTHERN VIRGINIA ASSOCIATION OF REALTORS®  Released March 9, 2007 The Voice for Real Estate in Northern Virginia 8411 Arlington Boulevard, Fairfax, Virginia 22031 Contact: Jill M. Landsman, Manager, Communications & Media Relations Phone: 703/207-3226 Internet: http://www.nvar.com/ • E-mail: jlandsman@nvar.com

NORTHERN VIRGINIA AREA*
HOME SALES REPORT
February 2007

FEBRUARY HOME SALES	2007	2006
Detached	544	504
Attached	455	450
Condos & Co-ops	463	414
Total	(+6.87%) 1,462	1,368
Average Days On Market	(+71.43%) 108	63
FEBRUARY ACTIVE LISTINGS
Detached	3,202	2,650
Attached	1,557	1,738
Condos & Co-ops	2,016	2,200
Total	(+2.84%) 6,775	6,588
Months Supply	(-3.94%) 4.63	4.82
FEBRUARY SALES PRICE
Average	(-1.78%) $504,943	$514,116
Median	(-4.46%) $449,000	$469,950
YEAR TO DATE
YTD Homes Sold	(+10.121%) 2,811	2,953
YTD Sales Volume	$1,444,435,349	$1,345,595,959
YTD Average Sales Price	(-0.15%) $513,851	$518,934

 

* 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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