The Pulse on the Market for Montgomery County . .

 

18 Days of SOLD PROPERTIES in MONTGOMERY County Maryland

(November 1st to November 18th)

 

Let's begin. . .

270 SOLD PROPERTIES during the first 18 days of November 2011

209 were REGULAR SALES. . Non-distressed (Short Sales and Foreclosures)

45 were SHORT SALES (SALES)

And

16 were FORECLOSURES

Equals 270 SOLD PROPERTIES

 

Let's dissect these numbers a little more in detail. .

  • Silver Spring Maryland has the most action on the market these days. . .in all categories
  • Bethesda and Potomac have the most action in the non-distressed property category
  • More than 50% of sales in Gaithersburg and Germantown were SHORT SALES
  • Foreclosure SALES were only 16 out of 270 PROPERTIES SOLD!!!!
  • There are currently 90 Foreclosures LISTED in the local MLS available for sale
  • There are 551 Short Sales LISTED in the local MLS available for sale as of 11/18/2011

     

Final Conclusion. .

Please watch this important video that reveals the true nature of our local real estate market


 

 
 

Fernando Herboso
Broker - Solutions Finder

"Don't Pray For A Miracle. . .expect it!
 Herboso & Associates llc

www.ReallyNiceHomes.com
www.Short-Sales-Expert.com

www.Herboso.com
Office 301.968.0555
Cell    240.426.5754
Fax    888.913.3535
My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. . .Quality representation is not expensive, its priceless!