Reported by Ron Fowler, REALTOR, GRI, ASSOCIATE BROKER
Updated February 11, 2012.
Current Market Rating: 4
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Buyer's
Seller's
Current Price Trend: 4
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Falling
Rising
Inventory of active listings as of Feb 10th is 1289 homes. The number of properties going under contract during the last month was 510. The current absorbtion rate or month's worth of supply is thus 2.53 months. The average sales price of the properties actually sold last month increased from $401,736 to $415,810 or 3.50%.
ZIP Codes: 20164, 20176 Location Characteristics: A lovely place to Live and Work!
About Ron Fowler:
Selecting a Realtor is a very important decision! A home is usually the single largest purchase in your lifetime. In today's complicated market it is important to have an experienced professional to help you with your real estate needs. When choosing a realtor you should consider their reputation, marketing approach, market knowledge, and their commitment to putting the needs of their clients first. I am a graduate of the United States Merchant Marine Academy at Kings Point and hold a Masters Degree in Business Administration from New York University. I am also actively involved with the community as a volunteer coach and Scout Leader, and as the father of 11 children, I understand the needs of individuals & families transferring into and out of the Washington metropolitan area.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
