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The Average Home Sale Price in Potomac Maryland Increased 3.49% in 2007!

By
Real Estate Sales Representative with W.C. & A.N. Miller Realtors, a Long & Foster Co.
Per the MRIS MLS (our regional MLS system), the average sales price of homes in Potomac, Maryland increased 3.49% from December 2006 to December 2007.  The media certainly is not focusing on this positive aspect of our local real estate scene.  With interest rates so low, it's truly a great time to buy a new home; but it's this is also good news for Sellers.