NORTHERN VIRGINIA ASSOCIATION OF REALTORS®  Released April 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
March 2007

MARCH HOME SALES	2007	2006
Detached	700	719
Attached	523	576
Condos & Co-ops	529	572
Total	(-6.16%) 1,752	1,867
Average Days On Market	(+74.14%) 101	53
MARCH ACTIVE LISTINGS
Detached	3,838	3,579
Attached	1,945	2,253
Condos & Co-ops	2,294	2,745
Total	(-5.83%) 8,077	8,577
Months Supply	(+0.35%) 4.61	4.59
MARCH SALES PRICE
Average	(-0.58%) $532,517	$535,633
Median	(-3.46%) $460,500	$477,000
YEAR TO DATE
YTD Homes Sold	(+2.31%) 4,563	4,460
YTD Sales Volume	$2,377,404,343	$2,345,621,956
YTD Average Sales Price	(-0.93%) $521,018	$525,924

 

* 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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