Sterling Market Report Condos

Market Update as of October 15^th 2007 for Sterling & Potomac Falls:

Available Condos Inventory = 166 homes.

Sold or Under Contract Price Range for 20164, 20165 & 20166 = Low $175,000 - High $459,900.

New contracts (for the 1st 15 days) average per month = 32.

Current absorption rate or average length of time a Sterling condo stays on the market is approximately 5 months nearly twice the rate of a town home in the same Sterling market area.

If you would like to know specific details about homes in your neighborhood check out the free MLS search on my website @ http://www.realestate777.com/.