How’s the Market? Washington DC November 2012

032Trends from the fall continue – closed sales are up, inventory is down, and prices continue to go up relative to this time last year.  Check out this video for details.

Just how low is the inventory?  Active listings are down 34% from this time last year!  And inventory last year was already relatively low.

Seller activity is up somewhat from this time last year, but I think we’re still likely to see a mismatch in supply and demand into 2013.

Let me know if I can help you buy or sell in 2013!   202-905-5369 / jennifer.macomber@gmail.com.

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Filed under How's the Market?, Real Estate

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