Potomac and Montgomery County Real Estate Statistics Update
By Colleen Barlow
(W.C. & A.N. Miller Realtors, a Long & Foster Co.)
Although in many areas of Potomac, MD, home prices have gone down recently, June was an incredibly busy month for our team. Many Buyers finallly decided to go ahead and "pull the trigger". Historically, June is a crazy busy month for Realtors, and I can attest that this year was true to that pattern for my team. I'm truly grateful for that. Potomac fared much better than the rest of the county (see below). Potomac's Total Sold Dollar Volume was up 5.09% in June of 2008 compared to June of 2007. Two additional properties were sold, and days on market actually went down one day! Best of all, Average Sold Price is up 1.90% from June of 2007. Here's the 20854 (Potomac) Zip Code June 2008 Statistics: 2008 2007 % Change Total Sold Dollar Volume: $ 74,191,846 $ 70,600,351 5.09...