Montgomery County Breaking News: Market Report for November 2015 Sales Prices and Sales Volume are Both Up from Nov 2014. My Snapshot of Montgomery County Market Shows: Sales Volume in November 2015 was up 13.81% relative to November 2014 (857 units versus 753 units). Average price was up 4.74% ($504,492 versus $481,656). Days on the Market (DOM) was steady at 57 in both 2015 and 2014. To See Continue Reading
Archives for December 2015
Market Slows: Sales Volume Down, Prices Down and Days on the Market Up
A Quick Snapshot of Montgomery County Market: Sales Volume in October 2015 was down 4.77% relative to October 2014 (880 units versus 924 units). Average price was also down 4.16%. The slowing of the current market was also reflected in that Days on the Market (DOM) was higher in 2015 than in year before, 64 DOM versus 56 DOM in 2014. This shows that the pace of sales is taking longer in this Continue Reading