[This market recap on the Northern Virginia from MLS data is compiled by [Butch Hicks](http://bhicks.com), a former president of [RAC (Relocation Appraisers and Consultants)](http://www.rac.net) (that I am a member of), a friend and an experienced appraiser in Northern Virginia. The results of his efforts are published on his web site as [a series of charts](http://www.bhicks.com/statistics.htm), each with a brief summary. (As a kid growing up in the Washington DC area, I was bombarded by “Virginia is for Lovers” tourism ads, and of course “DC is for US, by George”)] -Jonathan Miller

[View the charts [BHicks.com]](http://www.bhicks.com/statistics.htm)

Here’s a sample of the charts available online.

* The median price paid at the end of December 2006 was $433,939, a decrease of 6.6% from the same time period 12 months earlier.
* At the end of December 2006, inventory was 5.3 months, an increase of 78% from one year earlier.

One Comment

  1. Toni Scott January 16, 2007 at 11:34 am

    I love the chart on “unsold inventory” and comparing it with the “sold.” Great tool for those sellers still coming to terms with the market.

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