The numbers junkies among you have asked me to provide Rappahannock numbers as well. Since that was already part of the plan, I’m happy to oblige! If you haven’t seen a county that you’re interested in yet, just let me know!

This data covers the months from February, 2006 through February 2007 for real estate transactions in Rappahannock County Virginia. The data is taken from our MLS system and includes properties residential properties listed between $100,000 and $5,000,000.

The numbers I’ve chosen to look at are the total number of active listings at the end of that month, new listings that went on the market that month, properties newly under contract that month, and properties that went to settlement that month.

MONTH	ACTIVE	NEW LISTINGS	NEW CONTRACTS	SOLD
02/06	42	10	3	4
03/06	49	16	7	3
04/06	58	17	6	5
05/06	68	21	5	7
06/06	68	16	7	2
07/06	70	12	2	5
08/06	74	19	3	3
09/06	78	19	8	4
10/06	84	25	5	5
11/06	81	8	6	7
12/06	75	6	5	6
01/07	64	10	5	5
02/07	64	13	5	3

If you’ve looked at the Fauquier and Culpeper numbers you’ll definitely notice a big difference here. The sold numbers stay in a very small range. Rappahannock County is definitely less volatile than surrounding counties. There are fewer people here, less inventory, fewer transactions and overall, just a quieter, steadier market. But even here you do see the inventory double and then begin to subside over the course of this year.

In the remainder of 2007 you should expect a continued steady course in Rappahannock. I expect to continue to see inventory grow over the next several months, but I’m hopeful that we won’t see the heights of late 2006 again. Whatever happens, I’ll be keeping an eye on it and will provide details and analysis here.