Real Estate Market Trends for the MD Suburbs – May 2011
Below is a short video put together by Real Estate Business Intelligence (a MRIS compnay) that shows trends in the Montgomery County and Prince George’s County suburbs of Washington, DC.
As always, this puts a nice positive spin on the market while trying to remain realistic about the current market. It’s important to note that the trends here include both Montgomery and Prince George’s. Montgomery tends to fare better than Prince George’s since that county wasn’t hit quite as hard with the massive number of foreclosures and short sales. Montgomery County also has a little bit of a more affluent demographic with a lot of good PR about their schools, parks, shopping and other amenities in the county that, for whatever reason, has not been duplicated in Prince George’s.
Bottom line: Blending these two counties together makes sense because they are literally contiguous – right next to each other – but they are really different, especially when it comes to the real estate market trends.
The video is a tad over 3 minutes. Enjoy.














