Montgomery County Supply and Demand Charts March 2011

Here is the Montgomery County, Maryland supply and demand chart for March 2011. The absorption rate is determined by the number of homes on the market and the number of homes selling that month

We have seen a steady increase in the county absorption rate. As new inventory comes on the market in the Spring, we tend to see absorption rates level off. If the absorption rate increases in May, you know we are going to have a HOT Spring market. Stay tuned

Inventory is growing. So if you haven't been searching homes in the last 2 weeks you might be pleasantly surprised by what has come on to the market. To find a great agent to help your search www.realty-md.com

Absorption Rates:

March 2011 16.6% absorption rate

March 2010 15.4% absorption rate

March 2009 10.6% absorption rate