A very surprising week with very mixed results. There is still no clear picture to this market. We still have low inventory of 51 active single family homes in Oak Hill/Herndon. We had 7 new listings come on the market - none of which were short sales or foreclosures. We had 5 sales - two of which was a seller sold home and the other 3 were all short sales. See http://matrix.mris.com/Matrix/Public/Email.aspx?ID=30291552892 to check them out. One was on Oak Farms - originally sold for $691,000 in 5/04 and on the market today at $714,999 - a 3500 above ground sq footage home.  THe second was on Pinecrest and originally sold 3/05 at $400,000 and is on the market today at $325,000.  The third was on Wrexham and was sold 6/05 at $480,000 and is on the market today at $325,000 - a mark difference from the high of the market. The big surprise for me this week is that normally this is the beginning of the Spring market for sellers. In the years past, you would see 15 to 20 new homes come on the market this Thursday and Friday and that did not happen so the inventory continues to be low. If we don't see an increase this week, I am not sure that we will see the big influx of new listings. The market continues its very non-predictable path.