Conference Reading: Montgomery County Home Prices Reach 10-Year High

The median price of a home that sold in Maryland’s Montgomery County in July was $466,000, 2.6% more than a year earlier, and the highest July level in the past 10 years. The Greater Capital Area Association of Realtors notes a rise in sales as well, with closed sales up 8.1% from a year earlier, and pending sales or contracts signed, up 6.3%. Like most of the rest of the Washington, D.C., region, there are fewer listings in Montgomery County than there were a year ago. (Md. Matters)

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