Real Estate Inventory - Central Virginia - June 2009

Sales and Inventory History Sunday, July 12, 2009 Category - Residential / PropType: DET, ATH, CND Month

Year

January February March April May June July August September October November December

2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006 2006

Total January February March April May June July August September October November December

2007 2007 2007 2007 2007 2007 2007 2007 2007 2007 2007 2007

Total January February March April May June July August September October November December

2008 2008 2008 2008 2008 2008 2008 2008 2008 2008 2008 2008

Total January February March April May June

2009 2009 2009 2009 2009 2009

Monthly Sales 199 208 252 279 389 523 418 378 217 221 228 189

Avg ListPrice $390,792 $372,876 $341,361 $333,370 $326,918 $337,000 $311,927 $355,612 $360,920 $364,674 $439,726 $397,351

Avg Sale Price $379,617 $365,839 $338,400 $327,833 $321,187 $331,734 $306,728 $345,200 $352,580 $351,004 $420,580 $382,178

% Diff Sell/list 97.14% 98.11% 99.13% 98.34% 98.25% 98.44% 98.33% 97.07% 97.69% 96.25% 95.65% 96.18%

Avg DOM 75.0 67.0 70.0 71.0 60.0 51.0 54.0 73.0 80.0 86.0 91.0 97.0

Curr Inventory 1476 1679 1913 2115 2221 2254 2225 2207 2302 2203 2090 1948

Months Inventory 7.42 8.07 7.59 7.58 5.71 4.31 5.32 5.84 10.61 9.97 9.17 10.31

3501

$361,044

$351,907

97.47%

72.9

2,053

7.67

152 169 263 246 341 374 321 316 170 200 182 162

$344,886 $313,070 $325,749 $374,272 $358,045 $379,073 $356,460 $389,108 $355,449 $402,743 $358,741 $398,529

$332,054 $305,244 $314,977 $363,694 $349,137 $369,576 $343,954 $378,097 $343,797 $387,689 $347,871 $386,480

96.28% 97.50% 96.69% 97.17% 97.51% 97.49% 96.49% 97.17% 96.72% 96.26% 96.97% 96.98%

115.0 105.0 101.0 92.0 69.0 70.0 77.0 82.0 102.0 100.0 92.0 122.0

1926 2045 2181 2364 2477 2521 2442 2428 2416 2359 2273 2201

12.67 12.10 8.29 9.61 7.26 6.74 7.61 7.68 14.21 11.80 12.49 13.59

2896

$363,010

$351,881

96.93%

93.9

2,303

10.42

128 138 166 185 260 293 284 203 179 139 96 120

$403,819 $375,803 $340,657 $354,288 $350,766 $345,831 $382,701 $347,866 $351,983 $405,495 $443,483 $410,082

$384,348 $358,122 $326,910 $337,962 $333,279 $332,081 $364,280 $333,848 $334,336 $378,071 $416,472 $386,007

95.18% 95.30% 95.96% 95.39% 95.01% 96.02% 95.19% 95.97% 94.99% 93.24% 93.91% 94.13%

123.0 146.0 130.0 118.0 109.0 108.0 112.0 99.0 111.0 121.0 117.0 113.0

2158 2270 2434 2541 2518 2524 2472 2479 2378 2363 2275 2166

16.86 16.45 14.66 13.74 9.68 8.61 8.70 12.21 13.28 17.00 23.70 18.05

2191

$376,065

$357,143

94.97%

117.3

2,382

14.50

69 99 130 134 192 250

$351,967 $364,513 $357,439 $357,589 $345,236 $312,456

$338,506 $348,581 $342,144 $331,863 $327,122 $299,584

96.18% 95.63% 95.72% 92.81% 94.75% 95.88%

95.0 147.0 134.0 136.0 111.0 101.0

2077 2138 2193 2305 2386 2427

30.10 21.60 16.87 17.20 12.43 9.71

Total Total

2006-2009

874

$348,200

$331,300

95.15%

120.7

2,254

18.00

9462

$362,080

$348,058

96.13%

101.3

2,248

12.50

Note: The "Current Inventory" column(s) reflect the number of active and contingent (on market) listings on the 16th day of each month.The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales".This reflects how many months it would take to sell out of inventory at the current months rate of sale. --Information deemed reliable but not guaranteed--Copyright: 2009 by the Charlottesville Area Association of REALTORS® Jim Duncan - www.RealCentralVA.com - 434-242-7140 Prepared by JIM DUNCAN of NEST REALTY GROUP on 7/12/2009 8:16:10 PM