As promised, here are the  2009 Year to Date statistics for single family home sales in the greater Richmond area with comparisons for the two preceding years.  Not a pretty picture, but we’re certainly not Las Vegas or southern Florida with their doomsday markets. These statistics cover our MLS Zones of 10, 20, 22, 24, 30, 32, 34, 36, 40, 42, 44, 50, 52, 54, 60, 62, 64 & 66, which I consider to be Richmond’s core market. Next week I will post some statistics specifically for the West End. And since I know, you’re all thriving on the bad news, well here it is …. year to date drop for ’09 from ’08 ….. 26.52 % …. and the one you really been waiting for …… the drop from ’09 as compared to ’07 …… 51.47 %.

April

 

2009

 

 

 

2008

 

 

 

2007

 

 

Price Range

 

# of Sales

 

% of Ttl Sales

 

# of Sales

 

% of Ttl Sales

 

# of Sales

 

% of Ttl Sales

0 – 99,999

 

226

 

11.70%

 

124

 

4.73%

 

226

 

5.69%

100,000 – 199,999

 

670

 

34.70%

 

793

 

30.22%

 

1239

 

31.19%

200,000 – 299,999

 

612

 

31.70%

 

924

 

35.21%

 

1304

 

32.82%

300,000 – 399,999

 

225

 

11.60%

 

381

 

14.52%

 

607

 

15.28%

400,000 – 499,999

 

82

 

4.20%

 

179

 

6.82%

 

294

 

7.40%

500,000 – 599,999

 

48

 

2.50%

 

97

 

3.70%

 

120

 

3.02%

600,000 – 699,999

 

27

 

1.40%

 

51

 

1.94%

 

71

 

1.79%

700,000 – 799,999

 

16

 

0.82%

 

24

 

0.91%

 

38

 

0.96%

800,000 – 899,999

 

10

 

0.51%

 

20

 

0.76%

 

24

 

0.60%

900,000 – 999,999

 

4

 

0.20%

 

4

 

0.15%

 

23

 

0.58%

1 Million plus

 

8

 

0.41%

 

27

 

1.03%

 

27

 

0.68%

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Sales/Pct.

 

1928

 

100.00%

 

2624

 

100.00%

 

3973

 

100.00%