Wednesday, August 19, 2009

Real Estate Round-Up

A Look at Homes under Contract in Key Jurisdictions as a percentage of Total Homes for Sale

District of Columbia

There are 670 homes under contract in the District as of today's date. This is slightly lower than the 707 we saw under contract in May. There are 3,186 homes actively for sale as of this date. Approximately 17% of homes available for sale in DC are under contract.

Arlington

There are 152 homes under contract in Arlington as of today, versus 207 in May. 1,217 homes are for sale. Approximately 11% of homes available for sale in Arlington are under contract.

Alexandria

There are 165 homes in Alexandria that are under contract today versus 177 last May.
1,027 homes are actively for sale. Approximately 14% of homes available for sale in Alexandria are under contract.

Bethesda/Chevy Chase

There are 118 homes under contract here versus 188 last May. 720 homes are for sale in BCC. Approximately 16% of the homes for sale here are under contract.