Request from a local Guide reader

June 29, 2006

Here's a note (and a request) I just received from a local reader:

I love the stats you post on your website and the charts giving us a visual idea of the market.

Is it possible to break down the chart into Single Family, Townhomes, and Condos forsale in Loudoun? That 4600+ units is amazing. But I know Single Family homes are much less than that number. About 1/3rd of the total.

Source: http://askmerv.choice3realty.com/

Anthony

PS: I'm also on the market MLS: LO6028972

Great question and I wish I had the time to always do this. OK Anthony, here is the breakdown of active listings in Loudoun County as of one hour ago:

Type	% of Total	# of Listings	DOMP
Single Family Detached	57%	2,640	117
Single Family Townhouse	31%	1,412	81
Condo	10%	475	84
Coop	0%	2	52
All Others (?)	2%	94	--
All Types (Total)	100%	4,623	102

As you can see, Single Family Detached is nearly 60% of the total and are taking longer to sell.

On my to do list is to provide criteria similar to home searches to allow our readers to get stats on just about anything they want.

1) Manually extracting stats from the MLS: Several hours a month
2) Cost to subscribe to the MLS: $660 per year
3) Obtaining an MLS data feed as an agent: Impossible
4) Value of real data to consumers: Priceless!

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