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Reply to "s/o How far will prices drop in MoCO?"
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[quote=Anonymous][quote=Anonymous]Again, for people who would like actual data, it is all on the GCAAR site - real facts, not opinions. Just in June the average sales price in MoCo was up 1.6% from a year ago. Closed unit sales were down 7% but pending sales are up over 6%. Inventory down 2%. This is across all types of units - detached homes, apartments, etc. And since many people focus on detached single-family as opposed to apartments and townhomes, here is the detached single home data only: Closed sales 814 vs 823 a year ago, pending sales 808 vs 723 a year ago, big increase in pending sales. For people tired of juvenile opinions without real data, here is a source: https://gcaar.com/docs/default-source/montgomery-county-market-reports/gcaar-mc-housing-market-update---june-2019.pdf?sfvrsn=2432cd93_2 [/quote] I posted a link to the GCAAR reports a while ago, and the response was that nobody believes data from realtors, they make it all up. :roll: [/quote]
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