Germantown MD | Inventory Challenges Continue!

As of April 2017, our local market report is as follows: 

This report is for the Washington Metropolitan area that includes MD, DC and Northern VA

There are a total of 21,248 Listings

Last year in 2016 we had 23,669 listings

A 10.2% drop in new listings year to year.

To put this in perspective the 5-year average total listings is 35,612

There are a total of 16,311 Listings under Contract

Last year in 2016 we had 17,463 listings under contract

A 6.6% drop in new listings under contract year to year.

READ MORE: http://www.reallynicehomes.com/blog/germantown-md-inventory-challenges-continue/


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