September 2010 Real Estate Market Watch

Want to know how the real estate market is fairing in your area?  Check out these short market video updates for local areas to include MD, VA, WV, DC and PA.

Real Estate Market in Washington DC - September 2010

  • 2.8% decrease in pending sales over September 2009
  • 7% decrease in inventory
  • $386,000 Average Sales Price (4.3% increase over September 2009)
  • 94.1% of sellers received list price (or higher) on sale of home (.6% increase over September 2009)
  • Keep an eye on new job growth levels and unemployment rates

For other markets please click below on the desired area.  Market Watch videos are courtesy of the MRIS.

Maryland Suburbs Market Watch – Montgomery and Prince George’s counites {MD}

Southern Maryland Market Watch – Calvert, Charles and St. Mary’s counties {MD}

Northern Virginia Market Watch – Arlington, Fairfax, Fauquier, Loudoun, Prince William, Alexandria, Falls Church, Fairfax City, Manassas and Manassas Park {VA}

Baltimore Metro Market Watch – Anne Arundel, Baltimore County and City, Harford, and Howard counties {MD}

Eastern Shore Market Watch – Caroline, Cecil, Dorchester, Kent, Queen Anne’s and Talbot counties {MD}

Northern Region Market Watch – Franklin and Fulton {PA}, Frederick and Washington {MD}, Berkeley, Jefferson and Morgan counties {WV}

Southern Region Market Watch – Culpeper, Caroline, King George, Madison, Orange, Rappahannock, Stafford and Spotsylvania counties {VA}

Western Region Market Watch – Allegany and Garrett {MD}, Grant Hardy, Hampshire and Mineral {WV}, and Clarke, Frederick, Shenandoah and Page counties {VA}