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Reply to "Will the spring market bring home appreciation?"
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[quote=Anonymous]From Bright MLS Regional Market Analysis While the broader DMV is expected to see a slight price dip, market conditions will vary significantly by local area, with different parts of the region experiencing different trends. Washington D.C. Region: A projected 1% drop in median sales price to $616,700, although total sales volume is expected to rise by 9.6% as more buyers re-enter the market due to easing mortgage rates. North-Central Virginia: Prices are expected to see a modest increase of 1.5%. Baltimore Area: A projected price increase of 2.5%. Across the entire Mid-Atlantic: The median price is anticipated to rise by 2.6% to $436,270. [/quote]
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