Chevy Chase home sales get lift

November home sales activity gets a bump.  Chevy Chase MD sales and adsorption indicates recovery takes hold.  However, average home sale prices decreases year over year.

Average Home Sale Price - Chevy Chase MD

Average Home Sale Price – Chevy Chase MD

Nov – 2013 compared to :
Home Listings Contracts Home Sales Average Home Sale Price
Nov-10 8% 23% -18% 9%
Nov-11 25% 40% 10% 16%
Nov-12 -28% 3% 22% -15%
Home Sales - Chevy Chase MD

Home Sales – Chevy Chase MD

Year to Date Home Sales - Chevy Chase MD

Year to Date Home Sales – Chevy Chase MD

 

 

 

 

 

YTD 2013 compared to: Home Listings Contracts Home Sales
YTD 2010 -8% 5% 9%
YTD 2011 2% 19% 13%
YTD 2012 19% 17% 15%
Home Sale Absorption Rate - Chevy Chase MD

Home Sale Absorption Rate – Chevy Chase MD

 Home Sale Absorption Rate Nov Absorption Year to Date Absorption
2010 182% 61%
2011 167% 65%
2012 79% 70%
2013 138% 74%

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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