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DC area pending sales reach highest July level since 2005

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Median sales prices of $435,000 at highest July level since 2007; Sales decline for first time in 20 months; Inventory levels decline for third month in a row

Rockville, MD – (August 10, 2016) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by Elliot Eisenberg, Ph.D. of MarketStats by ShowingTime and is based on July 2016 MRIS housing data.

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