Number of homes for sale in Potomac MD is on the rise

For the past few months, we have been watching asking prices of homes for sale in Potomac MD fall.  And then fall some more.  At the same time, inventory levels are rising, which is not a great combination at all if you are even remotely interested in selling your house.  Maybe it's ok if you are buying a home, but at some point, the markets will need to find some kind of equilibrium, and these recent trends don't really point to any kind of balance at all.

Right now, in early August of 2011, there are about 60 more homes for sale in this real estate market than there were at this time last year, from about 210 homes to 270 as of this past week.

For the most recent blog post about Potomac MD homes for sale, please visit http://dcrealestatemarketplace.com/potomac-homes-for-sale-market-update