Chevy Chase MD home sales 2012 home sales fall short

by Dan Krell
DanKrell.com
© 2013
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Chevy Chase MD 2012 home sales volume fall short of surpassing recent years.

Chevy Chase MD Home Sales

Chevy Chase MD Home Sales

Although December home sales volume increased about 21% compared to Dec 2011 and about 2% compared to Dec 2010, year end totals indicated that home sales volume in Chevy Chase MD during 2012 equaled that of 2011 and decreased 6% compared to 2010.

2012 Chevy Chase MD Home Sales

2012 Chevy Chase MD Home Sales

One of the reasons may possibly be due to the lack of home sale inventory.  Home listings during December 2012 decreased 15% compared to Dec 2011 and was even with Dec 2010. Year end totals for home listings revealed a decrease of 10% compared to 2011 and 19% compared to 2010.

Chevy Chase MD Average Home Sale Price

Chevy Chase MD Average Home Sale Price

Although there were increased homes under contract (30% compared to Dec 2011, and 5% compared to Dec 2010; YTD increase 8% compared to 2011, 6% decrease compared to 2010), this did not affect the home sale volume.

The average home sale price of Chevy Chase MD homes that sold during December 2012 increased 35% compared to Dec 2011, and increased 27% compared to Dec 2010.

Sales data 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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