Friday, July 22, 2011

Silver Spring MD homes for sale see higher median asking price than two years ago

Silver_spring_md_homes_for_sale_pricing
Over at http://dcrealestatemarketplace.com, there was a recent article discussing the median asking price of homes for sale in Silver Spring MD, and whether it was good news for bad news.  I have included the same chart here that was used there, but here's the basic question:

If today's median asking price for Silver Spring MD homes for sale is higher than it was two years ago, but lower than last year's value, is that good news or bad news?  Does it make it easier for you to answer if I tell you that the Days On Market has the same kind of variance, with today's data point being lower then two years ago, but higher than last years?

I know, it's all a mess.  But be sure to keep reading at our website for more info, on Silver Spring as well as many other areas in and around D.C.