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5 Comments on 20901 Silver Spring, MD: 3rd Quarter 2012 Market Report
Great market report, Andrea. I love the graphs. I always like to see concrete images that make data visible. Forty-five days on the market is not bad at all.
Thanks Mike! I always have to add some visualization .. the at-a-glance makes it a whole lot easier than just a wall of words and numbers.
Days on market have been cut in half, that's what low inventory and low interest rates will do!
Kudos Andrea great information in simple form. The folks ought to be able to take this and run with it good luck
the sales to list price is a great % there. Must mean those houses are being priced right. And while numbers are off...I suppose less people move when school is in because of children. And the 45 DOM number is awesome.
Thanks Charles, all the info about the Real Estate market can get so incredible confusing. A few graphs show the most important things and for everyone who is interested, I'm always happy to dig deeper. But this provides a little overview and shows which way we are trending.
Hi Tammy, I def. think it's seasonal .. the overall trend is up and improving. 45 days is half than what it was a year earlier! Low(er) inventory and priced right - I've been noticing less and less over-priced listings. I think the list-to-sales price ratio is really good!