Category: housing statistics
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Potomac home sales surge
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…
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September 2015 Montgmery County home sale stats
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…
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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. Average home sale prices have decreased during…
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What’s in store for housing and the economy – a look ahead
The National Association of Realtors® posted on May 14th a slideshow on Economic and Market issues and outlook. The slides show home price trends increasing, and seasonal differences in pending and home sales; as well as projections of home sales into 2016. Graphs also depict declining affordability; as well as regional differences (Northeast trend is…
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Montgomery MD home sales lukewarm as home prices increase
The good news (for home owners) is that average home sale prices continue to climb, as there has been 1% year over year increase for April. But If you’re following Montgomery County MD home sales, April 2015 sold homes increased 10% from last year, but is 2% lower from the same in 2013, and 8%…
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Maryland February sales strong
The Maryland Association of Realtors reported that home sales are reaching equilibrium as February sales increased 16.3% compared to February 2014, but average home prices fell 3.8%, according to the March 24th press release. Home absorption has increased as Home listing inventory increased 7.3%, while there has been a slight decline in months of inventory.…
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