There are still discrepancies in the NVAR data regarding what happened in January 2005 for the Greater Northern Virginia market.
Please See:
Original Post (Bubble Meter, Feb 15)
Home Sales Statistics January 2006 (NVAR)
Greater Northern Virginia January 2006 Home Sales Report (NVAR)
Greater Northern Virginia January 2005 Home Sales Report (NVAR)
Today, I spoke with Jill Landsman who is the Manager, Communications & Media Relations for the Northern Virginia Association of Realtors. She seems legitimately concerned about getting to the bottom of the discrepancies between the 417,495 and 440,426. She recalculated the data for January 2005 in the Greater Northern Virginia area and came up with 417,395 as the average sales price for condos and single family homes. What is the cause of this discrepency?
Jill assured me that the discrepancies will be fixed by the end of next week.
Friday, February 17, 2006
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