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Reply to "On the market for less than paid for"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We had a townhouse in our HOA sell this month for 5% over the sale price for another townhome with the same layout that sold in 2023. Median sale prices in September 2025 are still above sale prices in September 2023. Market is certainly cooling down and not rising as fast, probably slower than inflation so going down on real terms. We'll see what happens in the spring market. My guess is it won't be pretty but won't be catastrophic either though I guess that assumes the shutdown ends by then.[/quote] I live in a townhouse, and it's the same in my community. But I think that's because townhouses are hot again (they weren't really that hot during covid) now that people have to commute to work again (townhouses tend to be in areas that are convenient to mass transit) and aren't spending most of their time at home. I think townhouses may be doing better than SFHs right now.[/quote] Good point, SFH sale prices in MoCo from September 2025 seem to be right where they were in September 2023 whereas townhouses are up about $75k (eyeballing from a line chart) https://www.redfin.com/county/1324/MD/Montgomery-County/housing-market [/quote]
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