Washington County Housing Market Data

The number of units sold remained stable in April, with 100 sold this month in Washington County Real Estate. This month's total units sold was lower than at this time last year, a decrease of 2% versus April 2011.

Versus last year, the total number of homes available this month is lower by 280 units or 28%. The total number of active inventory this April was 704 compared to 984 in April 2011. This month's total of 704 is higher than the previous month's total supply of available inventory of 683, an increase of 3%.

Last April, the median sale price for Washington County Homes was $149,950. This April, the median sale price was $140,000, a decrease of 7% or $9,950 compared to last year. The current median sold price is 17% higher than in March.

In April, there was 7.0 months of supply available in Washington County, compared to 8.8 in April 2011. That is a decrease of 20% versus a year ago.

This month there were 177 homes newly listed for sale in Washington County compared to 180 in April 2011, a decrease of 2%. There were 116 current contracts pending sale this April, consistent with the volume a year ago. The number of current contracts is 9% lower than last month.

In April, the average sale price in Washington County was 95.8% of the average list price, which is 1.4% higher than at this time last year.

This month, the average number of days on market was 117, higher than the average last year, which was 116, an increase of 1%.




Focus On: Washington County Housing Market			April 2012
Units Sold 100	Active Inventory 704	Median Sale Price $140,000	Days On Market 117

Down -11% Vs. Year Ago	Down -28% Vs. Year Ago	Down -7% Vs. Year Ago	Up 1% Vs. Year Ago

		Units Sold The number of units sold remained stable in April, with 100 sold this month in Washington County Real Estate. This month's total units sold was lower than at this time last year, a decrease of 2% versus April 2011.
Active Inventory Versus last year, the total number of homes available this month is lower by 280 units or 28%. The total number of active inventory this April was 704 compared to 984 in April 2011. This month's total of 704 is higher than the previous month's total supply of available inventory of 683, an increase of 3%.
		Median Sale Price Last April, the median sale price for Washington County Homes was $149,950. This April, the median sale price was $140,000, a decrease of 7% or $9,950 compared to last year. The current median sold price is 17% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 177	Current Contracts 116	Sold Vs. List Price 95.8%	Months of Supply 7.0

Down -2% Vs. Year Ago	No Change Vs. Year Ago	Up 1.5% Vs. Year Ago	Down -20% Vs. Year Ago

		Months of Supply In April, there was 7.0 months of supply available in Washington County, compared to 8.8 in April 2011. That is a decrease of 20% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 177 homes newly listed for sale in Washington County compared to 180 in April 2011, a decrease of 2%. There were 116 current contracts pending sale this April, consistent with the volume a year ago. The number of current contracts is 9% lower than last month.
		Sale Price to List Price Ratio In April, the average sale price in Washington County was 95.8% of the average list price, which is 1.4% higher than at this time last year. Days on Market This month, the average number of days on market was 117, higher than the average last year, which was 116, an increase of 1%.



*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 MRIS 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 MRIS or Long & Foster Real Estate, Inc.