Germantown home prices have been falling since early November.  It is still a great time to buy with the tax credit extended to April 30th 2010 and rates are still good but are expected to increase to near 6% around the third quarter of this year.  Below you will see a graph of the median sales price against inventory for Germantown.  Although there have been some areas of Montgomery County where I have seen some appreciation and some sellers have been recieving multiple offers pushing the purchase price of the listed price.  The market continues to improve and I expect the spring market to be very good.  Please contact me with any questions or feedback.

Tags: Bryan Low, First-Time Home Buyers, Germantown Home Prices, Germantown Market Statistics, Germantown Real Estate, Long and Foster Real Estate, Mongtomery County Real Estate

This entry was posted on Monday, February 1st, 2010 at 10:00 am and is filed under Housing Market. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.