The median price of a home that sold in Maryland’s Montgomery County in July was $466,000, 2.6% more than a year earlier, and the highest July level in the past 10 years.
The Greater Capital Area Association of Realtors notes a rise in sales as well, with closed sales up 8.1% from a year earlier, and pending sales or contracts signed, up 6.3%.
Like most of the rest of the Washington region, there are fewer listings in Montgomery County than there were a year ago.
New listings were down almost 1% from last July, and total active listings in the county were down 9.3% from a year ago.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP