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U.S. Housing Market Recovery Inches Forward

by Freddie Mac Blog

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7 Ways to Conserve Energy and Save Money This Winter

by Realtor.Com

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October Housing Stats for DC and Montgomery County

by GCAAR

 
Posted November 12th by GCAAR

Washington, DC October Housing Market Report
Median Sales Price Tops Record Mark; Limited Supply Continues to Drive Down Days-On-Market Levels
The median sales price of $514,000 is the highest October level on record, topping last October's level by 2.8 percent.  Despite record prices, half the homes sold in October were on the market 11 days or less prior to contract, matching the all-time October low last recorded in 2013.  Read the full report.
 
Montgomery County, MD October Housing Market Report
Most October Sales Since 2006; Prices Reach Highest October Median Mark Since 2007
Montgomery County home sales reached the highest October level since 2006.  The 935 closed sales topped last year's level by 5.3 percent and exceeded the five-year October average by 14.1 percent.  The condo segment experienced the most growth in sales, gaining 11.9 percent versus last October. Despite insignificant growth, the $389,000 median marks the highest October median since 2007.  Read the full report.

 
 

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Photo of Phyllis Wiesenfelder Real Estate
Phyllis Wiesenfelder
Long & Foster Real Estate, Inc.
4650 East West Highway
Bethesda MD 20814
Direct: (301)215-6915
Mobile: (301)529-3896
Fax: Office: 301-907-7600