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DC area housing price trend

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http://www.redfin.com/county/1324/MD/Montgomery-County

It is curious why the huge gap of asking price vs. settlement price. The asking price is rising yet the settlement price is dropping vs 1 year ago.

Could the asking price reflect the unreasonable expectation of home owner?

Or could the settlement price reflect the home owner uneasiness of local economy? - notice the settlement price at lower end of two years since 2009.

Please comment.

所有跟帖: 

• 市场进一步稳定恢复, Let's hope so. -天下多蚤- 给 天下多蚤 发送悄悄话 天下多蚤 的个人群组 (526 bytes) () 6/4/11 07:11:01
• Seems near Avery rd and Muncaster Road a -天下多蚤- 给 天下多蚤 发送悄悄话 天下多蚤 的个人群组 (0 bytes) () 6/4/11 07:30:39
• Seems the housing volume is also droppin -天下多蚤- 给 天下多蚤 发送悄悄话 天下多蚤 的个人群组 (51 bytes) () 6/4/11 07:13:25
• Debt limit too high, no more BIG GOVERNM -闲猪手- 给 闲猪手 发送悄悄话 闲猪手 的个人群组 (0 bytes) () 6/4/11 09:25:55

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