Posted on June 06, 2013 by RaInda Green
Jun

06

2013

Have a general question about RBI statistics and need a quick answer?             We’ve answered some of the most common questions from agents and brokers and put together a Quick Reference Guide. Find out what areas constitute the “Mid-Atlantic Region”, which date we publish monthly statistics, what are “MoM” and “YoY” and more!

Click here to download the RBI Quick Reference Guide. 

QRG
Posted on May 16, 2013 by Corey Hart
May

16

2013

As reported in the RBI Housing Market Update for April, homes sold in the DC Metro area are spending a median of 11 days on the market, the lowest level for the region in 8 years. Yesterday, we provided our friends over at DC Urban Turf with the Top 10 fastest moving ZIP codes in DC and DC Metro area (see their article here). 

Here's UrbanTurf's chart for the DC area:

But, if we had to award a Gold Medal in the April sales sprint, it would go to Sterling's 20164.

Posted on May 10, 2013 by Corey Hart
May

10

2013

Lowest days-on-market in 8 years; Active listings remain low, however new listings spike for the 1st time in 2 years

OVERVIEW

Market indicators point to a healthy spring market in the Washington DC Metro Region.  Sales and median prices continue to rise, and new contract activity is up after several months of declines.  The low inventory of homes for sale coupled with strong demand on the buyer side is fueling much of the market growth. While active listings remain historically low, new listings spiked in April, possibly an early sign of a changing pattern.  The rise in new listings could indicate that sellers are starting to be drawn into the market by higher price points and faster sale times. 

Posted on May 10, 2013 by Corey Hart
May

10

2013

Prices remain flat; Active listings remain historically low, but new listings rise sharply

OVERVIEW

After a slow start to the year, demand continues on an upward trend in the Baltimore Metro Area housing market.  Sales and new pending contracts both rose at double-digit rates relative to last year, evidence of improved confidence among buyers.   Despite the demand pressures, the median price remained flat in the region, rising only $500 from last year.  There were increases in median price at the jurisdiction level, however many were slower than in recent months. 

Posted on April 11, 2013 by Corey Hart
Apr

11

2013

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