Sterling Market Update Town Homes

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

Available Attached Town Homes, Patio Homes, & Semi-Attached Homes Inventory = 278 homes.

Sold or Under Contract Price Range for 20164, 20165 & 20166 = Low $199,500 - High $569,900.

New contracts (for the 1st 15 days) average per month = 104.

Current absorption rate or average length of time a Sterling attached home stays on the market is approximately 2 ½ months. As of October 15th a town home in Sterling is selling nearly twice as fast as a single family home in the same 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/.