I have argued that we in the real estate world track the real estate market too closely, parsing short-term data and drawing immediate conclusions in a world that demands long-term analysis.  With that caveat, this is some interesting data:From 1 January 2003 to 17 January 2003:120 properties went under contract and195 were listed *From 1 January 2004 to 17 January 2004:133 properties went under contract in and193 were listedFrom 1 January 2005 to 17 January 2005105 properties went under contract in and202 were listedFrom 1 January 2006 to 17 January 2006129 properties went under contract in and389 were listedFrom 1 January 2007 to 17 January 2007109 properties went under contract and351 were listedA quick look shows that supply is up, and demand is about the same.  The first quarter market report is going to be interesting.*Albemarle, Charlottesville, Fluvanna, Greene, Nelson**I intend to include Louisa, Augusta and Waynesboro in the data this year, but …  for historical data I need to exclude them, as they have only recently become part of our market and MLS.

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