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The month of May was suppose to give us a good idea on what would happen to the amount of real estate activity after the first time home buyer tax credit deadline passed. I have noticed a slight decrease in the amount of showings on homes that are in the first time home buyer price range. I am optimistic that we will see an increase in sales this summer due to housing being very affordable, and the interest rates staying low. Lets take a look at the market statisitics for the Horsham Township in Montgomery County PA
These stats have been pulled from our local MLS system Trend
Horsham Township
New Listings on the market 29
Listed Volume $10,807,499
Average List Price $372,672
Units Sold 27
Sold Volume $8,333,500
Average DOM 103
Current Advertised Short Sale 6 homes
Total units on market 135
Montgomery County PA
New Listings on the market 1176
Listed Volume $474,269,455
Units Sold 761
Sold Volume $234,954,653
Average DOM 81
Current Advertised* Short sales 255
Total Units for sale 5398
Visit http://www.joshmcknight.com to view homes for sale in your neighborhood


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