Clarksburg Area Supply and Demand Chart February 2011 - 03/10/11 10:40 AM
Here is the Clarksburg Area supply and demand chart for February 2011.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month.
Clarksburg's absorption rate for Feb 11 is inline with the Montgomery County numbers.  Since this report only looks at resale home, the new home numbers need some attention as well.  We are seeing the new home activity spike in recent weeks. 
On February 19 and April 2 our New Home Info Center will be open from … (0 comments)

Olney Area Supply and Demand Chart February 2011 - 03/10/11 10:33 AM
Here is the Olney Area (Olney, Brookeville, Brinklow, Ashton, and Sandy Spring) supply and demand chart for February 2011.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month.
Just like the statistics for Montgomery County, the Olney numbers for February for the last 3 years looks almost identitical to the January numbers for the last 3 years.
Again I feel that the 2011 numbers will look very similar to last year.  As we recover (and the … (0 comments)

Montgomery County Supply and Demand Charts February 2011 - 03/10/11 10:28 AM
Here is the Montgomery County, Maryland supply and demand chart for February 2011.  The Red lines are the active homes, blue under contract, and green are sold.  The absorption rate is determined by the number of homes on the market and the number of homes selling that month
It was kind of funny to see the numbers for January 11 vs. Jan 10 vs. Jan 09 look almost identical to the February numbers for the same years.  Again I think 2011 is going to look very similar to 2010.  We will have some ups and down, but a steady market is a … (0 comments)

 
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Joe Buffington, GRI, CDPE

Olney, MD

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RE/MAX Realty Centre

Address: 3300 Olney Sandy Spring Rd, Olney, MD, 20832

Office Phone: (301) 774-5900 x 147

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