Montgomery County MD homes sales volume brilliant during November

by Dan Krell
DanKrell.com
© 2012
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Montgomery County MD real estate market excels in November, but home sales still fall short of exceeding 2010 levels.

November 2012 Montgomery County home sale increased 17% year over year (compared to Nov 2011) and increased 11% compared to Nov 2010. And although year to date home sales (through November) increased 6% compared to 2011, YTD sales decreased 3% compared to 2010.

Montgomery County MD Home Sales November 2012

Montgomery County MD Home Sales November 2012

Montgomery County MD Year to Date Home Sales November 2012

Montgomery County MD Year to Date Home Sales November 2012

The average home sale price of homes sold in Montgomery County increased 4% year over year (compared to Nov 2011), but decreased 2% compared to Nov 2010.

Montgomery County MD Average Home Sale Price November 2012

Montgomery County MD Average Home Sale Price November 2012

The trend of increased homes under contract continue as there was a 23% year over year increase (compared to Nov 2011) and a 21% increase compared to Nov 2010. Year to date (through November) homes under contract increased 12% compared to 2011 and 2% compared to 2010.

The number of homes listed decreased less than 1% compared to last November (2011), and decreased 15% compared to Nov 2011. Year to date through Nov decreased 6% compared to 2011, and decreased 21% compared to 2010.

Sales date is inclusive of homes listed in MRIS. Home sales data compiled from local MLS, MRIS.com; Property information posted on this site is believed to be accurate, but should not be relied upon without verification.

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