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[quote=Anonymous]The Washington Post regularly publishes information on home sales in area zip codes.  Comparing sales activity in 2000 and 2011 in various Northern Virginia zip codes to Montgomery County zip codes is eye-opening.

To take a few examples:

Sales in a Chevy Chase zip code (20815) declined from 347 houses to 88 comparing 2000 to 2011; in a similar Arlington zip code (22207), the decline was much smaller from 386 to 321 sales comparing the same two periods.

Sales in Bethesda zip code (20816) declined from 248 houses to 50 comparing 2000 to 2011; in a similar McLean zip code (22101), the decline was much smaller from 413 to 311 sales comparing the same two periods

Sales in another Bethesda zip code (20817) declined from 611 houses to 129 comparing 2000 to 2011; in a similar McLean zip code (22102), the decline was much smaller from 183 to 126 sales comparing the same two periods.

Sales in a Potomac zip code (20854) declined from 1005 houses to 155 comparing 2000 to 2011; in the Great Falls zip code (22066), the decline was much smaller from 357 to 147 sales comparing the same two periods.

Why was the drop-off in sales so much more pronounced in Montgomery County's upper-income areas than in Arlington and Fairfax?   Is it due to fewer new homes being built in MoCo, people staying in their homes longer in MoCo or homes that just aren't selling?   [/quote]

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