Loudoun County Sales 2011 05

As indicated by the red line on the graph below, existing home sales so far this year in Loudoun County are falling well short of total sales through May in each of the last five years.  They are roughly 25 percent below 2006 and 2007 levels and about 11 to 14 percent behind 2008 – 2010.  To catch up next month, sales would have to exceed 780 units.  That is unlikely since the highest monthly sales volume, 599 units, since January 2006 occurred in June 2008.

Source:  MRIS

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