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During the month, 1,803 homes were sold in the which includes the citiexsof Alexandria, Fairfax and Falls Church as well as the countiesa of Fairfax and Arlington, according to Rockville-basex market research firm In the same montg in 2008, the number of homes sold was The median sale price of a home in the area fell 7 percentg in May to $375,000, according to MRIS. D.C. home salesa did not do as well last There were 484units sold, down 9 percenrt from 533 homes sold in the same month last The median sale price droppe d 10 percent, from $440,000 in May 2008 to $394,950 last Units spent an average of 91 days, or 13 more on the market last month over May 2008.
Unit on the Northern Virginia market, however, are beinv snapped up faster thanlast year. Homes are spendinh an average of 76 days onthe market, or 13 less days than the same periodd a year ago. In Fairfax County, 1,331 homew were sold in May. That is up 4 perceny compared with ayear ago. The median sale price dipped nearly 10 percento $360,000 last month. In Arlingtonm County, the median sale pric e was up 11 percentto $469,000 and 239 homes were sold up nearly 5 percent from the same month a year ago. Princ William County experienced a 4 perceny increase in sales of753 homes, comparedc with 724 homes sold in May 2008. The median sale pricd was down nearly 19 percentto $207,777.
Units spengt an average of 78 or 50 less days onthe market, than in May 2008. Prince George’s County home sales were up 28 percent, with 494 units sold last month. The median sale price was down 21 percentyto $224,900, but homes spent, on 33 more days on the marke than they did in May 2008. Montgomery County home sales last monthb totaled874 units. The median sale price was down 13 percent to andhomes spent, on two more days on the market than they did in May 2008.
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