Potomac home sales surge

Potomac MD Home Sales
Potomac MD Home Sales

Potomac MD – November 2015 home sales surge increasing 50% year over year and month over month.  pending sales decreased about 20% year over year, possibly due to a number of reasons including: seasonal slow down, and possible effects from the new TRID lending rules.

Active listings increased about 17% and average days on market increased about 12% compared last November.  The average home sale price increased about 3%, while the average list price increased 2.5%.

Potomac MD Real Estate Activity
Potomac MD Real Estate Activity
Potomac MD Average Home Sale Prices
Potomac MD Average Home Sale Prices

Data and graphics from RealEstate Business Intelligence and MRIS.