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April 2008 Home Sales In A Historical Context |
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 This month's sales (April 2008) were a bit of a surprise to me. Throughout March and April I have heard about a LOT of homes that have gone under contract. I had thought we would start to see that show up in April closings, but perhaps it won't be until May or June. It is fascinating to me to see how closely most years follow the same month-to-month trend lines. The black (hollow) circle at the end of the purple line shows the 78 home sales that took place in April 2008. We saw the same April dip this year (compared to March) as we saw in 2003, 2006 and 2007. Perhaps that is because 2004 and 2005 were the years that really bucked the trends as home sales skyrocketed. Whatever the reason, home sales continue to trend as they have over the course of the past several years. Sales are happening at a slower level as compared to 2004, 2005, 2006 and 2007 --- but March and April of this year (2008) showed sales counts higher than in 2003. Recent Articles:
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
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