February 12, 2020 at 2:41pm | Bob Myers
The charts below show the average sales price of homes over the past year in both Montgomery and Frederick Counties.  Refer to the table for specific numeric values but remember that while data is helpful, it's what you do with the data that is most important. 

Here are a few words from Dave Ramsey for both buyers and sellers.

"Well if you're planning on buying a house, home prices might look intimidating. But, remember, just because you saw house prices that other people in the nation are buying, that doesn't mean you should look for a house in that price range. Instead, focus on your own budget. Don't worry about the pricing trends. A good real estate agent can help you find a home you love that's within your budget."

"When it comes to home prices for sellers, the main question is: How much more money can I make on my home sale?" In 2019 sellers realized a home price gain of $65,000 on the typical sale. This marked the highest level in the U.S. in over 13 years."

Please consider The Myers Team your resource for all things real estate.  We have over 30 years of real estate experience, specializing in the Montgomery County area.  If you are refinancing, want a recommendation, need a service provider or just have a home related question, please give me a call at  301-910-9910 or email me at bobmyersteam@gmail.com


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