This month Active listings dropped to 2400 compared to June when they were slightly higher at 2456. New listings dropped significantly from 451 in June to 409 in July. The number of properties Under Contract nudge up from 100 in June to 107 in July while the number of Contingent properties fell ever so slightly from 55 in June to 53 in July. The Actual List Price Average for Homes Sold also dipped slightly from $403,846 last month to $402,957 in July. The Days on Market average for homes sold actually tightened up a little from 164 last month to 140 in July.
-Keith

RE/MAX Olympic, Manassas VA Http://www.MyRealtorKeith.com

This month we had a decrease in Active listings from 6537 in June to 6491 in July while new listings also fell from 1772 to 1639. The number of properties Under Contract actually made a modest improvement from 318 last month to 367 this month while the number of Contingent properties dropped slightly from 198 last month to 154 in July. The Actual List Price average for homes Sold rose from $402,031 in June to $427,372 in July. The Days on Market average for homes sold limped forward by 3 days from 106 in June to 109 this month while the number of housing units Sold fell dramatically from 511 last month to 407 in July.
-Keith

RE/MAX Olympic, Manassas VA Http://www.MyRealtorKeith.com