Sales so far in January
We had an increase in showings across the board this past weekend compared to the number of showings last weekend. Although, in looking at the market and comparing 2007 to this year, the number of ratified contracts so far in 2008 is down in Ashburn & the Sterling/Potomac Falls zip codes. Comparing ratified contracts in the first three weeks of 2007 vs. the first three weeks of 2008 the data is as follows:
In the Sterling/Potomac Falls 20165 zip code, there were 42 contracts ratified in the first three weeks of 2007 compared to the 25 this year which puts the number ratified contracts down 40%. In Ashburn, there were 105 contracts ratified in the first three weeks of 2007 & there have been 52 this year which puts the number of ratified contracts down 50%.
We have seen a slight increase in traffic at our listings and hope that this increase in activity will generate more contracts to make the last 10 days of the month increase the overall sales for January.
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