July 12, 2009
June ’09 Metro Richmond Homes Sales with ‘08 & ‘07 Comparison
No, you’re not seeing things. June ’09 sales DID exceed June ’08 sales. Since monthly unit sales have been dropping versus the prior year’s month since 2006, this is a welcome change. Are we out of the woods? No, but just maybe we can tread water versus the prior year for awhile.
Year to date, ’09 sales are now lagging ’08 sales by only 17 %. We had been in 23 % range. Comparing ’09 to ’07 now shows ’09 trailing ’07 by 45.6 %, which is down from a high of 53 %. Before we start dancing a jig, let’s see what the rest of the summer holds. Here’s the monthly and year to date info.
|
June |
|
2009 |
|
|
|
2008 |
|
|
|
2007 |
|
|
|
Price Range |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
0 – 99,999 |
|
79 |
|
7.94% |
|
42 |
|
4.47% |
|
36 |
|
2.49% |
|
100,000 – 199,999 |
|
319 |
|
42.11% |
|
219 |
|
23.32% |
|
361 |
|
25.05% |
|
200,000 – 299,999 |
|
329 |
|
33.70% |
|
330 |
|
35.14% |
|
506 |
|
35.11% |
|
300,000 – 399,999 |
|
142 |
|
14.27% |
|
174 |
|
18.53% |
|
247 |
|
17.14% |
|
400,000 – 499,999 |
|
67 |
|
6.70% |
|
86 |
|
9.16% |
|
121 |
|
8.40% |
|
500,000 – 599,999 |
|
27 |
|
2.70% |
|
25 |
|
2.66% |
|
60 |
|
4.16% |
|
600,000 – 699,999 |
|
9 |
|
0.90% |
|
24 |
|
2.56% |
|
48 |
|
3.33% |
|
700,000 – 799,999 |
|
10 |
|
1.00% |
|
14 |
|
1.49% |
|
25 |
|
1.73% |
|
800,000 – 899,999 |
|
3 |
|
0.30% |
|
10 |
|
1.06% |
|
11 |
|
0.76% |
|
900,000 – 999,999 |
|
4 |
|
0.40% |
|
5 |
|
0.53% |
|
6 |
|
0.42% |
|
1 Million plus |
|
6 |
|
0.60% |
|
10 |
|
1.06% |
|
20 |
|
1.39% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Sales/Pct. |
|
995 |
|
100.00% |
|
939 |
|
100.00% |
|
1441 |
|
100.00% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
YTD thru June |
|
2009 |
|
|
|
2008 |
|
|
|
2007 |
|
|
|
Price Range |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
0 – 99,999 |
|
357 |
|
9.80% |
|
195 |
|
4.44% |
|
303 |
|
4.52% |
|
100,000 – 199,999 |
|
1215 |
|
33.33% |
|
1219 |
|
27.74% |
|
1970 |
|
29.41% |
|
200,000 – 299,999 |
|
1182 |
|
32.40% |
|
1554 |
|
35.37% |
|
2250 |
|
33.59% |
|
300,000 – 399,999 |
|
462 |
|
12.67% |
|
690 |
|
15.70% |
|
1070 |
|
15.97% |
|
400,000 – 499,999 |
|
195 |
|
5.30% |
|
334 |
|
7.60% |
|
521 |
|
7.78% |
|
500,000 – 599,999 |
|
101 |
|
2.70% |
|
158 |
|
3.60% |
|
226 |
|
3.37% |
|
600,000 – 699,999 |
|
54 |
|
1.40% |
|
89 |
|
2.03% |
|
142 |
|
2.11% |
|
700,000 – 799,999 |
|
34 |
|
0.91% |
|
56 |
|
1.27% |
|
79 |
|
1.18% |
|
800,000 – 899,999 |
|
17 |
|
0.45% |
|
37 |
|
0.84% |
|
50 |
|
0.75% |
|
900,000 – 999,999 |
|
9 |
|
0.22% |
|
11 |
|
0.25% |
|
34 |
|
0.51% |
|
1 Million plus |
|
18 |
|
0.45% |
|
51 |
|
1.16% |
|
54 |
|
0.81% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Sales/Pct. |
|
3644 |
|
100.00% |
|
4394 |
|
100.00% |
|
6699 |
|
100.00% |