Washington, DC : Market Update 8/4/2008
By James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes, When Looking to Buy or Sell - Make the Right Move
(Real Living | At Home)
Current Number of Homes Active and Under Contract in the Washington DC area: Here is the breakdown as of August 4th, 2008 This week inventory levels have dropped; mostly due to seasonal drops. Many Listings have expired and many sellers take their homes off the market during what is often 'said' to be the "slowest" time of the year. Washington DC, Montgomery County and Arlington County; continue to have inventory levels close to last year. However in Prince Georges County; the number of properties are SIGNIFICANTLY higher - in fact at the highest levels in years. Here are the number of homes on the market including the number of homes that were taken Off (EXPIRED) the market last week. example: Single Family Homes in DC; 61 LESS on market from last week, but 68 "expired" - in realit...
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