The 93 page 4th quarter of 2009 MRIS report is now available to the public online.
Covering the DC metro region, it has enough data to feed any stat hungry reader.
It breaks things down by zip code using the MLS dataset for the period Oct-Dec. 2009 of actual closed sales which are really what matters–not opinions or prices folks list houses at.
Appraisers and county tax assessors use this dataset to determine their figures for your house.
3 month figures are especially key for appraisers. Assessors may have up to a year delay. In MD, its a couple years.
Many US jurisdictions don’t reassess for several years resulting in up to a 5 year delay. NoVa is fairly rare in doing it every year.
Knock yourselves out but remember, having data is one thing–knowing what it means or could mean is another.
One thing to notice is price stability even goes out to Winchester (Frederick VA).
This is determined by the closeness of list to close price.
100% is the “perfect” theoretical world of pricing. Below means price declines. Above means price increases.
Not a trend unless set for at least 2 probably 3 quarters. 1 quarter direction is neither here nor there.
