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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.
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