We haven’t taken a look at Sterling in 6 months so it was time to check in. While the market here seems to be a bit more volatile than the rest of the county, there is a trend worth mentioning. In 2010 and 2011 the highest median price for single family and condo/ town homes occurs in the August September time frame. In addition, over the last two years Sterling home owners have seen a 33% increase in the median sales price. That is a remarkable gain! Average days on market are on the incline again for single family homes, showing a 30% increase over this time last year . Condo and town home days on market are even with a year ago, but down 10% since the spring. Inventory levels for single family homes are up about 20% since the early spring, while condo and town home volume remains the same.
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