15201 Diamondback Drive, Suite 100 
Rockville, MD 20850 
Phone: (301) 590-2000 
Fax: (301) 590-2248  
SF 
For Immediate Release
Contact: Bobette Banks 
(301) 590-8764

September 11, 2015
  
August Housing Stats for DC and
Montgomery County
  
GCAAR is pleased to update its market information through a partnership with  RealEstate Business Intelligence, LLC (RBI). Monthly analysis of the Washington, DC and Montgomery County, MD housing markets gets more detailed attention here, while GCAAR continues to be your source for ear-to-the-ground reporting from our REALTOR� members.  Get monthly housing stats at gcaar.com.
   
Washington, DC August Housing Market Report
Limited Supply, High Demand Continue Pushing Prices to Record Highs
The Washington, DC housing market continued its solid performance in August, with modest sales gains, tight inventories, and record high prices.  With a 9.5 percent jump over August 2014, the median sales price of homes in the district reached a record high.  Read the full report.
  
Montgomery County, MD August Housing Market Report
Closed Sales Are Up While Listing Activity Stalls
Montgomery County's housing market experienced a transition in the month between July and August with a slight downturn in a few key areas.  However, one area of gain was in the number of closed sales. There were 1,123 closed sales in August, a 9.3 percent gain compared to last year and the highest August tally since 2006.  Read the full report.

 
 
  
GCAAR
 
15201 Diamondback Drive, Suite 100
Rockville, Maryland 20850