Gaithersburg MD Homes For Sale Market Update - November 2011

At www.DCRealEstateMarketPlace.com, we just wrote a short article about a few statistical findings for the Gaithersburg MD real estate community.  What we found out was a bit hard to make sense of!  Median asking prices for homes for sale in this area have been on the rise over the past two years, which I would think is a postive sign for the market.  But at the same time, inventory levels are also rising, which most people view as a negative trend.  Confusing.

So here's a third graph to see if we can't really figure out what is going on...

This graph shows how long homes in the area have been staying on the market over the past two years.  Sadly, this graph isn't very helpful either!  Our measurements today are a bit higher than they were two full years ago, which makes it seem like a bad number.  But at the same time, today's homes are on the market a shorter time today than they were last year, which makes it seem like we are making progress!

Most markets are either clearly improving, or clearly declining.  But not here in Gaithersburg, it's all up in the air here, it all depends upon each specific home.

For more information on Gaithersburg, or any other area in and around DC, please visit http://dcrealestatemarketplace.com

Kentlands MD Homes For Sale - Market Update For Gaithersburg MD

A new post was just written about Kentlands MD homes for sale at http://dcrealestatemarketplace.com/kentlands-md-homes-for-sale-gaithersburg-u..., but I wanted to share one extra graph that didn't fit into the recent blog post.

This chart shows how long homes for sale in the larger community of Gaithersburg are staying on the market, as mapped out over the past two years.  In late August of 2009, it appears that 120 days was the norm, which shot up to 150 earlier this year, before settling out a bit at our current levels of almost exactly where we started, 120 days!  The trend line, shown in gold, is a bit lower, but the weekly data points are almost exactly the same!

For more information on Kentlands MD homes please visit our website at http://dcrealestatemarketplace.com