MoCoRealEstate
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- $1,799,000 - 11348 Palatine Dr
- $859,000 - 9002 Levelle Dr
- $799,000 - 6512 4th Ave
- $999,900 - 10714 Cloverbrooke Dr
- $799,000 - 12000 Glen Mill Rd
- $1,200,000 - 11405 Spur Wheel Ln
- $1,225,000 - 12413 Rivers Edge Dr
- $1,395,000 - 5028 Westpath Ter
- $2,100,000 - 7138 River Rd
- $1,195,000 - 12440 Bacall Ln
- $799,900 - 15109 Grey Pebble Dr
- $1,699,000 - 8432 Burning Tree Rd
- $1,350,000 - 6101 Rosemont Cir
- $1,250,000 - 10801 Rosemont Dr
- $1,425,000 - 11109 Smokey Quartz Ln
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$1,799,000 - 11348 Palatine Dr
Potomac
6 beds, 6 full, 1 part bathsLot size: 2.00 acYear built: 1996 -
$859,000 - 9002 Levelle Dr
Chevy Chase
5 beds, 3 full, 1 part bathsLot size: 11,995 sqftYear built: 1972 -
$799,000 - 6512 4th Ave
Takoma Park
4 beds, 4 full, 1 part bathsLot size: 6,915 sqftYear built: 1929 -
$999,900 - 10714 Cloverbrooke Dr
Potomac
4 beds, 4 full, 1 part bathsHome size: 5,640 sq ftLot size: 21,624 sqftYear built: 1996 -
$799,000 - 12000 Glen Mill Rd
Potomac
4 beds, 4 full bathsLot size: 2.85 acYear built: 1992 -
$1,200,000 - 11405 Spur Wheel Ln
Rockville
6 beds, 5 full, 1 part bathsHome size: 6,806 sq ftLot size: 2.12 acYear built: 1979 -
$1,225,000 - 12413 Rivers Edge Dr
Potomac
4 beds, 5 full, 1 part bathsLot size: 2.12 acYear built: 1979 -
$1,395,000 - 5028 Westpath Ter
Bethesda
5 beds, 4 full, 1 part bathsHome size: 4,573 sq ftLot size: 13,918 sqftYear built: 1960 -
$2,100,000 - 7138 River Rd
Bethesda
4 beds, 4 full, 1 part bathsLot size: 40,089 sqftYear built: 1982 -
$1,195,000 - 12440 Bacall Ln
Potomac
5 beds, 4 full, 1 part bathsLot size: 2.00 acYear built: 1989 -
$799,900 - 15109 Grey Pebble Dr
Germantown
5 beds, 4 full, 1 part bathsHome size: 6,607 sq ftLot size: 3.64 acYear built: 1994 -
$1,699,000 - 8432 Burning Tree Rd
Bethesda
7 beds, 6 full bathsLot size: 29,233 sqftYear built: 2009 -
$1,350,000 - 6101 Rosemont Cir
Rockville
5 beds, 4 full, 1 part bathsLot size: 15,069 sqftYear built: 2005 -
$1,250,000 - 10801 Rosemont Dr
Rockville
6 beds, 4 full, 1 part bathsLot size: 15,068 sqftYear built: 2005 -
$1,425,000 - 11109 Smokey Quartz Ln
Potomac
7 beds, 7 full, 2 part bathsLot size: 2.00 acYear built: 1985
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.
