Direct Access To All Multiple Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

Sign Up

it's quick and easy

We'll never post to social networks

or

  • This field is for validation purposes and should be left unchanged.

Already an account? Log in here

Log in

Please check username or password!

No account yet? Register here

Password forgotten? Reset your password

Reset your password

The email address does not seems to be correct!

Please check your email to reset your password

No account yet? Register here

Potomac, MD January 2024 Market Report

Potomac, MD January 2024 Market Report


Welcome to The Stillwell Group Market Update, I’m Lee Stillwell.

If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.

According to Bright MLS, the marketplace for Potomac, MD residential properties, here’s what happened in January 2024 Vs December 2023:

The number of sold listings decreased by 71% to 11 properties with a top sale of $3.38 million at 9925 Bentcross Dr.

The Average Sales Price increased by 1% to $1.51 million and the Average Price Per Square Foot is $389.

The inventory of properties available for sale is measured in month supply and it increased by 300% to 2.45 month worth of properties for sale.

The 30-year fixed mortgage rate is at an average rate of 6.7% according to Freddiemac.com

If you’re thinking about buying or selling residential real estate now or in the near future, it’s important to seek the guidance and advice of a professional real estate agent.

Thanks for tuning in, we’ll see you in the next Stillwell Group Market Update.