Retreat-like living

Gorgeous custom built home for sale. The home sits on 16 acres. Experience retreat-like living. The large open spaced floor-plan is perfect for entertaining or just kicking back to relax!

Gorgeous home for sale
Welcome Home
Gorgeous home for sale
Porch
Gorgeous home for sale
Main Level
Gorgeous home for sale
Main Level
Gorgeous home for sale
Deck View

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.

September 2015 Montgmery County home sale stats

Montgomery County Home Sales - September 2015
Homes sold during September 2015 in Montgomery County  MD increased year over year 14.5%.  New listings during September in Montgomery County MD increased 2.3% year over year; while all housing inventory grew during the same period 4.4%.

The average list price of Montgomery County MD homes during September was $513,456, while the average sale price was $504,466 (which was a year over year increase of 1.7%).

mocopricesqft

mocosaleprice

mocolistings

Data and charts provided by RBIntel and MRIS

Montgomery County Home Sales - September 2015

More listings and sales, but data may point to rocky road ahead

May 2015 was a decent month for Montgomery County MD home sales.  Closed transactions increased about 6% compared to the same time last year, and increased about 2% from 2013.  May’s contracts decreased about 25% year over year; while newly listed homes increased about 3% year over year.
Home SalesAverage home sale prices have decreased during May year over year (decreased about 3% from May 2014, and 4% from May 2013).

Home Sale PricesMay is the typical “active” period for home buyers.  However, May 2015 absorption rate indicates lukewarm activity compared to recent years.

Absorption RateSales 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.