The Washington area has seen an impressive level of growth in the past decade. From suburban development to urban renewal, the D.C. Metro region continues to expand at a rapid pace. Nowhere is that more apparent than right along the Potomac River in Prince George’s County, Maryland.
A trip to the movies in 2011 can be an expensive affair. With most summer blockbusters utilizing 3-D and IMAX technology, a single movie ticket can cost upwards of $15.
To save money, most people now wait for movies to come out on DVD. However, there’s something to be said for leaving the house and going to the theater. But where can you see these newly released movies without breaking your budget?
May 2011 statistics for Silver Spring, Maryland were down for the most part in comparison to the month of April and to May of 2010.
Inventory is down so the bright spot is that Median Sold Price is up across the entire area of Silver Spring. With 20905 stretching as high as +22.71% increase in Median Sold Price.
Of all the zip codes that encompass Silver Spring 20910 gained the most ground in May of this year with a Total Sold Dollar Volume of $17,182,300. This is up +109.41% over April. YEA!
For more details see charts below:
May 2011 Real Estate Market Statistics for : SILVER SPRING, Maryland
20901 Silver Spring, MD
Total Sold Dollar Volume
With the exception of February, July and August of 2010, the market conditions in Arlington have favored the buyer since early 2007.
The higher end detached houses have shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. However with an abundance of attached homes and condos, the market, overall, shows prices on the rise and the number of contracts written is increasing.
On the outskirts of Washington, D.C., just over the border in Northwest, lies a place that will take you back decades.
Glen Echo Park, in Montgomery County, Maryland, was originally built in 1891, conceived as a Chautauqua, a location for an adult education movement that was sweeping the nation, a place were people would take classes in religion, dancing and entertainment.
This time last year, first time homebuyers were frantically trying to make sure they could close on their home of choice by June 30th so that they could make sure and receive their first time homebuyer tax credit!
Houses were selling left and right, prices were escalating in some instances and the market was extremely busy!
Washington, D.C.’s burgeoning culinary scene received a big boost last month with the opening of the area’s most hotly anticipated restaurant.
Mike Isabella, formerly the head chef at Zaytinya, branched out on his own, opening his first-ever restaurant: Graffiato.
Isabella is best known for his performance this past spring on Top Chef All-Stars.
Our Northern Virginia Market continues to show a steady increase in the average sale price. Bristow mirrors the image of Prince William County showing slight increases in average sales price as well as days on the market.