Housing Trends - 2009

Trends in Housing Year End 2009 provides an in-depth look at the statistics and issues which shape the mid-Atlantic housing market. Released on January 28, Trends in Housing reveals information about the region such as:

* Prices are showing signs of a moderate recovery.
* Days on Market continue to decline compared to both Q3 2009 and a year ago.
* The ratio of inventory to sales continues to decline in most jurisdictions from one year ago.
* The gap between buyer and seller demands is closing with the average sales price in Q4 2009 at 93.7% of list price, the highest share in more than two years.

Let me know if you would like more information from this report. darrell@lnf.com