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The Long & Foster Companies

Friday, January 18, 2013

Housing Market Fared Well in December 2012

Both the median sale price and the number of houses sold in the county increased over that of December 2011, according to a statement from The Long & Foster Companies.

The housing market fared well in Montgomery County—and in the suburban Maryland region as a whole—last month. Both the median sale price and the number of houses sold in the county increased over that of December 2011, according to a statement from The Long & Foster Companies. In December 2012, the median sale price for houses on the market in the county increased by 9 percent and house sales increased by 3 percent, compared to December 2011, according to the statement. (Sale activity was higher, however, in Frederick County, where last month's median sale price increased by 30 percent and house sales increased by 21 percent over December 2011, the statement added.) These increases occurred along with a decline in houses on the market …

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