by Dan Krell
Potomac MD year over year home sale volume up, but the average home sale price drops; Year to date home sales continue to lag behind previous years’.
November home sales increased from previous years (+16% from Nov 2011, and +8% from Nov 2010). However, year to date home sales are down (-5% from 2011, and-8% from 2010).
Potomac average home sale price during November is down (-2% from Nov 2011, and -7% from Nov 2010).
The number of homes listed is curtailed (-16% from Nov 2011, and -31% from 2011). Year to date home listings also continue to be behind previous years (-12% from 2011, and -23% from 2010).
Homes under contract dropped during November (-3% from Nov 2011, and -6% from Nov 2010). Year to date homes under contract are behind -6% from 2011, and -10% from 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.