Professional Documents
Culture Documents
Including:
J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10 J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10 J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10 J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10
Units Sold*
500 Sold Detached Sold Attached Sold Condo/ Coop
Active Inventory*
Active Detached Active Attached Active Condo/ Coop
5,000
4,500
4,000
3,500
Active Inventory 3,000
Ve rsus last ye ar, the total num be r of hom e s available this 2,500
2,000
m onth is highe r by 349 units or 10%. The total num be r of
1,500
ac tive inve ntory this Marc h was 3,824 c om pare d to 3,475 in 1,000
Marc h, 2009. This m onth's total of 3,824 is highe r than the 500
pre vious m onth's total supply of available inve ntory of 3,537, -
an inc re ase of 8%.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one
of Long & Foster’s knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by Terradatum, CVR, and its member Association(s) of REALTORS, who are not
responsible for its accuracy. Does not reflect all activity in the marketplace. “Information contained in this report is deemed reliable but not
guaranteed, should be independently verified, and does not constitute an opinion of CVR or Long & Foster Real Estate, Inc.."
Focus On: Chesterfield County, Virginia March, 2010
Including:
New Lis tings Current Contracts Sold Vs . Lis t Price Months of Supply
1,263 542 97.7% 12.1
1,400 600 99% 20
1,200 500 98%
1,000 98% 15
400 97%
800 97%
300 10
600 96%
400 200 96%
95% 5
200 100
95%
‐ ‐ 94% ‐
J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10 J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10 Jan‐08 Jul‐08 Jan‐09 Jul‐09 Jan‐10 Jan‐08 Jul‐08 Jan‐09 Jul‐09 Jan‐10
Months Of Supply
18 Months Of Supply
15.3
14.6
14.5
14.3
13.8
12.4
12.2
12.1
11.8
14
11.2
10.1
10.1
12
9.4
9.1
9.0
9.0
8.9
8.7
8.6
8.6
10
7.6
7.5
8
6
Months of supply is calculated by dividing current inventory by current
4
sales. It indicates how many months would be needed to sell all of the
2 inventory available at the current rate of demand.
-
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one
of Long & Foster’s knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by Terradatum, CVR, and its member Association(s) of REALTORS, who are not
responsible for its accuracy. Does not reflect all activity in the marketplace. “Information contained in this report is deemed reliable but not
guaranteed, should be independently verified, and does not constitute an opinion of CVR or Long & Foster Real Estate, Inc.."