listing my house during corona crisis: February Housing Stats for MD are in and looking strong. What's next? - 03/18/20 10:40 AM
The February 2020 housing stats for Maryland are in, and are looking really strong! There is no denying, we were (and still are at this point) in a seller's market. When the inventory levels (that is the months of active supply) drop well below 3, we consider it to be a market that clearly favors sellers, and brings with it busy days of showings, (very) few days on the market, multiple offer situations, and even escalation clauses. 
As you can see in the chart, the months of supply decreased to just 1.9 - and that is all of Maryland. Some areas/subdivisions have … (4 comments)

 
Andrea  Bedard, Fluent in German and Real Estate * M.A. ABR ASP  (Thompson Company, REALTORS® 240.593.2860)

Andrea Bedard

Fluent in German and Real Estate * M.A. ABR ASP

Silver Spring, MD

More about me…

Thompson Company, REALTORS® 240.593.2860

Address: 15711 New Hampshire Ave, Silver Spring, MD, 20905

Office: (301) 384-9177

Mobile: (240) 593-2860

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Andrea's blog is about local Real Estate, family-owned businesses, Main St USA, market stats, neighborhood info and happenings in (mostly) MoCo & HoCo.

It's sprinkled with sound advice and a candid perspective, sweetened by her vintage soul and topped off with her passion for Real Estate, running and the 2 most important people in her life.



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