In Montgomery County, days on market have fallen to HALF what they were last year at this time, and sales are up 23.3%, but the median sales price *fell* by 2%. Bottom line: you could make up in interest savings what you sacrifice in sales price, by selling in today’s market. But you have to be priced and positioned correctly.

Poolesville High School is ranked number 59 in the nation! Way to go, POOLESVILLE!!!

Raw data for Montgomery County home sales in January. For the meaning behind the numbers, stay tuned – and be sure to SUBSCRIBE to this blog!

The stats are in for October.  Like pretty much every month lately, it’s good news and bad news.  Let’s start with the good stuff! Sales volume is UP about 40% in Montgomery and Howard Counties.  So people *are* buying homes.  That’s the good news. The question is: what are people buying?  It’s certainly NOT expensive homes.  There [...]

Here’s the raw data for Montgomery County for October. Analysis to follow!

Crunching the numbers in Howard County and Montgomery County, Maryland!

This is the raw data.

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Montgomery County saw sales volume up 22.9% with the median sales price down 13%. Could we be at the market’s bottom?

Volume up, sale price down. Average sold price down 13.54% from last year. Inventory is down a bit, but the effect could be mostly explained by seasonality.