 |
 |
 |
 |
|
- $859,000 - 13739 Valley Oak Cir
- $1,175,000 - 11017 Daybreak Ct
- $875,000 - 20900 Slidell Rd
- $1,295,000 - 13317 Beall Creek Ct
- $1,399,000 - 17510 Sir Galahad Way
- $1,550,000 - 10801 Piney Meetinghouse Rd
- $859,000 - 9002 Levelle Dr
- $1,700,000 - 8624 Chateau Dr
- $1,127,000 - 9726 Beman Woods Way
- $1,660,000 - 11348 Palatine Dr
- $999,900 - 10714 Cloverbrooke Dr
-
$859,000 - 13739 Valley Oak Cir
Rockville
4 beds, 2 full, 1 part bathsHome size: 2,880 sq ftLot size: 9,956 sqftYear built: 1994 -
$1,175,000 - 11017 Daybreak Ct
Rockville
4 beds, 3 full bathsHome size: 5,426 sq ftLot size: 40,095 sqftYear built: 2001 -
$875,000 - 20900 Slidell Rd
Boyds
4 beds, 3 full, 2 part bathsHome size: 4,337 sq ftLot size: 4.64 acYear built: 2006 -
$1,295,000 - 13317 Beall Creek Ct
Potomac
5 beds, 4 full, 1 part bathsLot size: 2.91 acYear built: 1977 -
$1,399,000 - 17510 Sir Galahad Way
Ashton
7 beds, 9 full, 2 part bathsHome size: 11,839 sq ftLot size: 5.00 acYear built: 2006 -
$1,550,000 - 10801 Piney Meetinghouse Rd
Potomac
7 beds, 6 full, 3 part bathsHome size: 9,522 sq ftLot size: 2.94 acYear built: 1986 -
$859,000 - 9002 Levelle Dr
Chevy Chase
4 beds, 3 full, 1 part bathsLot size: 11,995 sqftYear built: 1972 -
$1,700,000 - 8624 Chateau Dr
Potomac
9 beds, 8 full, 2 part bathsLot size: 2.00 acYear built: 1978 -
$1,127,000 - 9726 Beman Woods Way
Potomac
4 beds, 4 full, 1 part bathsHome size: 5,706 sq ftLot size: 7,290 sqftYear built: 1988 -
$1,660,000 - 11348 Palatine Dr
Potomac
6 beds, 6 full, 1 part bathsLot size: 2.00 acYear built: 1996 -
$999,900 - 10714 Cloverbrooke Dr
Potomac
4 beds, 4 full, 1 part bathsHome size: 5,640 sq ftLot size: 21,624 sqftYear built: 1996
Ignore Media Reports on the Market – at Least for Now
June 14th, 2011 Categories: Market Updates
Last year’s federal tax credit may be long gone, but the effects are still with us when market statistics are reported. As a result, don’t panic – or rejoice – if you see headlines like the following:
- “Contracts in April Down 40% from April of Last Year” (the market continues to crater)
- “Contracts in May up 28% from Last Year” (the market is soaring! yeah!)
- “Sales in June significantly below Last Year” (again, cratering)
In early 2010, inventory was super low, and buyers went a little crazy and rushed to get homes under contract by April 30th. As a result, last year’s monthly metrics were really distorted. The chart below tells the tale. Until we’re well past monthly activity from early 2010, take any headline with a grain of salt.
[...] It’s a good thing, that’s for sure. However, comparing anything to 2010 is tricky given the effects of the federal tax credit. In this video, we review activity over the last five months and see how it compares to last [...]