February 2011

Price Range: All | Properties: Single Family - Condo - TwnHm

Market Profile & Trends Overview LM L3M PYM LY Prior YTD Prior Year

Median List Price of all Current Listings

Average List Price of all Current Listings

February Median Sales Price

February Average Sales Price

Total Properties Currently for Sale (Inventory)

February Number of Properties Sold

February Average Days on Market (Solds)

February Month's Supply of Inventory

February Sale Price vs List Price Ratio

Property SalesFebruary Property sales were 384, down 19.5% from

477 in February of 2010 and 2.3% lower than the 393

sales last month. February 2011 sales were at their

lowest level compared to February of 2010 and 2009.

February YTD sales of 777 are running 20.2% behind

last year's year-to-date sales of 974.

3.7 4.1

99.5% 98.8%* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Number of Properties Sold

65 65

$254,481 $252,178

1,438

384 777

$326,009

$373,640

$223,750 $220,000

MARKET ACTION REPORT

Counties: Prince William, Manassas City,

Manassas Park City

Trending versus*: Trending versus*:

Month YTD

643

808 898 1,0

79

1,1

13

1,0

85

1,1

98

1,1

47

932 1,0

76

817

804

953

932

924

895

871

833

780

789

747

636

497

477

684 784

777 879

642

648

577

517

528

552

393

384

0

200

400

600

800

1,000

1,200

1,400

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

3 Mo Avg

Prices

Inventory & MSIThe Total Inventory of Properties available for sale as of

February was 1,438, down 16.2% from 1,716 last month

and down 35.3% from 2,223 in February of last year.

February 2011 Inventory was at its lowest level compared

with February of 2010 and 2009.

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not warrant or

the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

Median Sales Price and Average Sales Price

The Median Sales Price in February was $223,750, up

4.1% from $215,000 in February of 2010 and up

4.1% from $215,000 last month. The Average Sales

Price in February was $254,481, up 4.3% from

$243,900 in February of 2010 and up 1.8% from

$249,927 last month. February 2011 ASP was at the

highest level compared to February of 2010 and

2009.

Total Inventory & Month's Supply of Inventory (MSI)

A comparatively lower MSI is more beneficial for sellers

while a higher MSI is better for buyers. The February

2011 MSI of 3.7 months was at its lowest level compared

with February of 2010 and 2009.

Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm

643

808 898 1,0

79

1,1

13

1,0

85

1,1

98

1,1

47

932 1,0

76

817

804

953

932

924

895

871

833

780

789

747

636

497

477

684 784

777 879

642

648

577

517

528

552

393

384

0

200

400

600

800

1,000

1,200

1,400

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

150

170

190

210

230

250

270

290

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

Median means Middle (the same # of properties sold above and below the Median)

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

6,6

14

6,6

53

6,3

43

6,2

04

5,8

11

5,3

97

4,9

77

4,5

74

4,2

23

3,8

24

3,4

60

3,2

95

2,9

94

2,8

29

2,6

96

2,6

07

2,4

89

2,4

37

2,3

95

2,3

41

2,2

62

2,1

78

2,2

02

2,2

23

2,2

69

2,3

32

2,3

91

2,3

86

2,4

90

2,4

71

2,4

07

2,3

36

2,1

39

1,9

07

1,7

16

1,4

38

0

2

4

6

8

10

12

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

(000's)

3 Mo Avg

3 Mo Avg

February 2011

Price Range: All | Properties: Single Family - Condo - TwnHm

Market Time

Selling Price vs Original Listing Price

Selling Price versus Listing Price Ratio

The Selling Price vs Original Listing Price reveals the

average amount that Sellers are agreeing to come down

from their original list price. The lower the ratio is

below 100% the more of a Buyer's market exists, a ratio

at or above 100% indicates more of a Seller's market.

The February 2011 Selling Price vs Original List Price of

99.5% was up from 98.9% last month and down from

101.3% in February of last year.

MARKET ACTION REPORT

Counties: Prince William, Manassas City,

Manassas Park City

Days On Market for Sold Properties

The average Days On Market (DOM) shows how many

days the average Property is on the market before it

sells. An upward trend in DOM tends to indicate a

move towards more of a Buyer's market, a downward

trend a move towards more of a Seller's market. The

DOM for February was 65, up 1.6% from 64 days last

month and up 30.0% from 50 days in February of last

year. The February 2011 DOM was at a mid level

compared with February of 2010 and 2009.

67

50

65

0

1020

3040

5060

7080

90100

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

Average Days on Market (Listing to Contract) for properties sold during the month

50150

100.2%

101.3%

99.5%

96%

97%

98%

99%

100%

101%

102%

103%

104%

105%Avg Selling Price divided by Avg Listing Price for sold properties during the month

3 Mo Avg

3 Mo Avg

Inventory / New Listings / Sales

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker

the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

Inventory / New Listings / Sales

This last view of the market combines monthly

inventory of Properties for sale along with New Listings

and Sales. The graph shows the basic annual

seasonality of the market as well as the relationship

between these items. The number of New Listings in

February 2011 was 683, down 5.1% from 720 last month

and down 14.0% from 794 in February of last year.

Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm

67

50

65

0

1020

3040

5060

7080

90100

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

Average Days on Market (Listing to Contract) for properties sold during the month

50150

100.2%

101.3%

99.5%

95%

96%

97%

98%

99%

100%

101%

102%

103%

104%

105%

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

Avg Selling Price divided by Avg Listing Price for sold properties during the month

6,6

14

6,6

53

6,3

43

6,2

04

5,8

11

5,3

97

4,9

77

4,5

74

4,2

23

3,8

24

3,4

60

3,2

95

2,9

94

2,8

29

2,6

96

2,6

07

2,4

89

2,4

37

2,3

95

2,3

41

2,2

62

2,1

78

2,2

02

2,2

23

2,2

69

2,3

32

2,3

91

2,3

86

2,4

90

2,4

71

2,4

07

2,3

36

2,1

39

1,9

07

1,7

16

1,4

38

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

M 08

A M J J A S O N D J 09

F M A M J J A S O N D J 10

F M A M J J A S O N D J 11

F

Inventory New Listings Sales

3 Mo Avg

3 Mo Avg