June 10, 2009
Year to Date Metro Richmond Homes Sales with ’08 & ’07 Comparison
Hooray!!!! Guess what? Well, now 2009 year to date unit sales only trail 2007 sales by 49.6 %. Nice to be under to 50 % bracket. ’09 year to date unit sales are now lagging ’08 sales by 23 %. Are you doing a jig yet? May also marked a sharp increase in unit sales over the April with a 24 % jump in units sold. The May month to month numbers show ’09 lagging ’08 by 13 % with ’09 trailing ’07 by 44 %. Certainly the short term trend is showing increasing sales, but this trend could become short lived with recent spike in interest rates. Here are the 3 year numbers.
|
May |
|
2009 |
|
|
|
2008 |
|
|
|
2007 |
|
|
|
Price Range |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
0 – 99,999 |
|
52 |
|
7.21% |
|
29 |
|
3.49% |
|
41 |
|
3.19% |
|
100,000 – 199,999 |
|
226 |
|
31.35% |
|
207 |
|
24.91% |
|
370 |
|
28.79% |
|
200,000 – 299,999 |
|
241 |
|
33.43% |
|
300 |
|
36.10% |
|
440 |
|
34.24% |
|
300,000 – 399,999 |
|
95 |
|
13.18% |
|
135 |
|
16.25% |
|
216 |
|
16.81% |
|
400,000 – 499,999 |
|
46 |
|
6.38% |
|
69 |
|
8.30% |
|
106 |
|
8.25% |
|
500,000 – 599,999 |
|
26 |
|
3.61% |
|
36 |
|
4.33% |
|
46 |
|
3.58% |
|
600,000 – 699,999 |
|
18 |
|
2.50% |
|
14 |
|
1.68% |
|
23 |
|
1.79% |
|
700,000 – 799,999 |
|
8 |
|
1.11% |
|
18 |
|
2.17% |
|
16 |
|
1.25% |
|
800,000 – 899,999 |
|
4 |
|
0.55% |
|
7 |
|
0.84% |
|
15 |
|
1.17% |
|
900,000 – 999,999 |
|
1 |
|
0.14% |
|
2 |
|
0.24% |
|
5 |
|
0.39% |
|
1 Million plus |
|
4 |
|
0.55% |
|
14 |
|
1.68% |
|
7 |
|
0.54% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Sales/Pct. |
|
721 |
|
100.00% |
|
831 |
|
100.00% |
|
1285 |
|
100.00% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
YTD thru May |
|
2009 |
|
|
|
2008 |
|
|
|
2007 |
|
|
|
Price Range |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
# of Sales |
|
% of Ttl Sales |
|
0 – 99,999 |
|
278 |
|
10.49% |
|
153 |
|
4.43% |
|
267 |
|
5.08% |
|
100,000 – 199,999 |
|
896 |
|
33.82% |
|
1000 |
|
28.04% |
|
1609 |
|
30.60% |
|
200,000 – 299,999 |
|
853 |
|
32.20% |
|
1224 |
|
35.13% |
|
1744 |
|
33.17% |
|
300,000 – 399,999 |
|
320 |
|
12.08% |
|
516 |
|
15.50% |
|
823 |
|
15.65% |
|
400,000 – 499,999 |
|
128 |
|
4.83% |
|
248 |
|
7.51% |
|
400 |
|
7.60% |
|
500,000 – 599,999 |
|
74 |
|
2.79% |
|
133 |
|
3.52% |
|
166 |
|
3.16% |
|
600,000 – 699,999 |
|
45 |
|
1.70% |
|
65 |
|
2.16% |
|
94 |
|
1.79% |
|
700,000 – 799,999 |
|
24 |
|
0.91% |
|
42 |
|
1.23% |
|
54 |
|
1.03% |
|
800,000 – 899,999 |
|
14 |
|
0.53% |
|
27 |
|
0.78% |
|
39 |
|
0.74% |
|
900,000 – 999,999 |
|
5 |
|
1.89% |
|
6 |
|
0.17% |
|
28 |
|
0.53% |
|
1 Million plus |
|
12 |
|
0.45% |
|
41 |
|
1.19% |
|
34 |
|
0.65% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Sales/Pct. |
|
2649 |
|
100.00% |
|
3455 |
|
100.00% |
|
5258 |
|
100.00% |