April 21st, 2012 Categories: Market Updates
We did this month’s report at the C&O Canal in Potomac. This is easily one of the nicest places in Montgomery County.
Contracts activity over the last three months is still up compared to this time last year. In this month’s report, I also take a look at current inventory and inventory trends over the last 15 months. One trend that’s crystal clear: it’s much harder to find a nice entry-level home. The number of entry level homes available on the market has been going down every single month since 2011.