Market Update May 2010 – Frederick and Washington Counties

This Market Watch video covers the Maryland counties of Frederick and Washington, West Virginia counties of Morgan, Berkeley and Jefferson and the Pennsylvania counties of Franklin and Fulton.  Home sales from May of 2009 to May of 2010 showed a decrease of 22.9% from the year before.   Inventory of homes for sale was down slightly and  is now at 8.2 months of inventory (a balanced market has between 5-6 months of inventory).  For more information please view the video below.

Video courtesy of RBI