Posted on October 10, 2010 by Corey Hart



Rockville, MD – RealEstate Business Intelligence (RBI), an MRIS, Inc. company, today released its September 2010 housing market statistics, which show continued recovery when comparing home sales against this time last year, especially in large population centers such as Washington, D.C., Montgomery County, MD and Fairfax County, VA. Data from the report also suggests that the average sold price of a home, throughout the entire MRIS region has improved by nearly 3 percent, and days on the market has decreased.

Homes spent an average of 8 fewer days on the market compared to September 2009, dropping 8% from 96 days to 88 days. Nearly 40 percent of homes sold in less than 30 days in September 2010. The average sold price jumped to $326,079 in September 2010 from $317,192 in September 2009.

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