King Farm MD Homes For Sale - Inventory Levels May Be Leveling Off

A few days ago, I wrote a short blog post about the King Farm MD homes for sale market, and how a few statistical measurements were tracking, as compared to looking at the same area a few weeks back.  One measurement that I did not include at that time was the inventory levels of that area, exactly how many homes are for sale at any given time.

I am here to correct that oversight.  This graph shows, over the past two years, just how many homes have been for sale each week in the larger Rockville community, with the assumption that if there are more homes for sale in these four zip codes, there are likely more homes for sale in King Farm as well.  And the opposite would be true, according to my assumptions, that if there are fewer homes for sale on this graph, there are likely to be fewer for sale in King Farm.

As you can clearly see from the graph above, we are close to seeing highs in inventory levels over the past two years.  But it also appears that perhaps we have turned a corner as the last few weeks have seen the number of homes for sale dropping a bit.  Maybe we've seen the worst of it?  For this year at least?  Stay tuned and we will figure it out together.

For more information about the real estate market in and around Washington DC, please visit http://dcrealestatemarketplace.com