Posted on April 11, 2011 by Corey Hart
Apr

11

2011

March Signed Contracts Jump 33.1% Over February; Median Sales Price Down 11.1% Year‐Over‐Year, Lowest Since April 2004

 

Rockville, MD – (April 11, 2011) – The following analysis of the Baltimore Metro Area housing market has been prepared by housing market expert Jonathan Miller, based on the March 2011 RBI Pending Home Sales Index™ released today:

 

OVERVIEW:

The number of signed contracts surged 33.1% month‐over‐month to 2,857, the highest March total since 2007 and the third consecutive monthly increase. Despite the rise in pending contract activity, median sales price fell for the 5th consecutive month declining to $200,000, 11.1% below the March 2010 result and the lowest since April 2004. The region is still feeling the impact of the expiration of the federal homebuyers tax credit last April that was followed by a sharp decline in sales activity through the end of 2010 helping to push values lower.

 

 

Posted on April 11, 2011 by Corey Hart
Apr

11

2011

March Signed Contracts Jump 34.3% Over February; Median Sales Price Rises 3.2% Year‐Over‐Year

Rockville, MD – (April 11, 2011) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by housing market expert Jonathan Miller, based on the March 2011 RBI Pending Home Sales Index™ released today:

 


OVERVIEW:

Pending home sales jumped 34.3% month‐over‐month as the Washington, DC metro area entered the “spring market” with 5,432 signed contracts, the highest number for the month of March since 2006. The March total exceeded the federal homebuyers tax credit‐fueled total reached in the same month last year. With three consecutive months of increased pending sales activity, median sales price showed a seasonal increase of 6.7%, the first month‐over‐month increase since last October.

 

 

Posted on March 18, 2011 by Corey Hart
Mar

18

2011

Here's the D.C. version, visit this section to view and embed this or others...


Posted on March 10, 2011 by Jonathan Miller
Mar

10

2011

 

Posted on March 10, 2011 by Jonathan Miller
Mar

10

2011

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