Up, down, no change – there was a little something-something for everybody in last week’s home-sales data across the region.
A total of 1,096 properties were newly listed for sale the local area in the seven days ending Sept. 3, according to figures reported Sept. 5 by Bright MLS.
That’s up 1.4 percent from a week before, albeit still down 15.2 percent from a year ago.
In two other key metrics, however, both week-over-week and year-over-year totals were down:
• New contacts for the week totaled 1,128, down 9.8 percent from a week before an off 19 percent from a year ago.
• Total showings for the week stood at 16,044, down 14 percent from a week previously and down 26.4 percent from a year before.
Figures represent market activity in the District of Columbia; Arlington, Fairfax and Loudoun counties and the cities of Alexandria, Fairfax and Falls Church in Virginia; and the counties of Montgomery, Prince George’s and Frederick in Maryland.
The median listing price for properties that went onto the market for the week ending Sept. 3 was $575,000, unchanged from a week before and up 4.6 percent from a year ago.
Figures represent most, but not all, homes on the market. Most recent figures are preliminary and are subject to revision.
For full data, see the Website at brightmls.com/marketupdate.
