Every wonder what that foreclosure sold for?? Most folks would be surprised to learn that foreclosures are selling for slightly less or slightly more than the list price.
Below is a listing of bank owned homes in Montgomery County, MD that closed in October, November and December 2008.
If you’re in the market for a home in Montgomery County, consider the bank owned foreclosed property. They are priced at about 10-20% below regular listings.
| City |
ListPrice |
ClosePrice |
Subsidy |
DOMP |
| Ashton |
$349,900 |
$320,000 |
$ |
64 |
| Bethesda |
$809,900 |
$800,000 |
$ |
16 |
| Boyds |
$634,900 |
$634,900 |
$10,000 |
32 |
| Brookeville |
$519,900 |
$515,000 |
$16,500 |
30 |
| Burtonsville |
$215,000 |
$225,000 |
$10,044 |
23 |
| Clarksburg |
$399,900 |
$400,000 |
$ |
175 |
| Clarksburg |
$568,900 |
$570,000 |
$22,919 |
70 |
| Clarksburg |
$445,900 |
$440,000 |
$13,200 |
610 |
| Damascus |
$295,000 |
$305,000 |
$ |
309 |
| Derwood |
$536,900 |
$475,000 |
$ |
152 |
| Derwood |
$269,900 |
$242,000 |
$7,280 |
163 |
| Gaithersburg |
$214,900 |
$223,500 |
$6,705 |
263 |
| Gaithersburg |
$349,000 |
$292,950 |
$ |
242 |
| Gaithersburg |
$299,900 |
$260,000 |
$11,000 |
132 |
| Gaithersburg |
$282,600 |
$282,600 |
$5,000 |
181 |
| Gaithersburg |
$340,900 |
$254,100 |
$ |
200 |
| Gaithersburg |
$414,900 |
$415,000 |
$ |
5 |
| Gaithersburg |
$215,900 |
$213,000 |
$ |
86 |
| Gaithersburg |
$284,900 |
$288,000 |
$ |
241 |
| Gaithersburg |
$516,900 |
$492,000 |
$ |
124 |
| Gaithersburg |
$275,000 |
$245,000 |
$7,350 |
151 |
| Gaithersburg |
$284,900 |
$280,000 |
$10,000 |
50 |
| Gaithersburg |
$213,900 |
$213,000 |
$ |
83 |
| Gaithersburg |
$285,000 |
$285,000 |
$ |
156 |
| Gaithersburg |
$349,900 |
$347,000 |
$3,812 |
43 |
| Gaithersburg |
$254,900 |
$262,500 |
$7,500 |
84 |
| Gaithersburg |
$87,000 |
$88,000 |
$2,550 |
80 |
| Gaithersburg |
$181,500 |
$177,500 |
$3,451 |
77 |
| Gaithersburg |
$185,200 |
$175,950 |
$5,000 |
40 |
| Gaithersburg |
$313,900 |
$325,000 |
$11,000 |
77 |
| Gaithersburg |
$219,500 |
$230,000 |
$10,000 |
60 |
| Gaithersburg |
$199,900 |
$199,900 |
$8,000 |
17 |
| Gaithersburg |
$269,900 |
$269,900 |
$16,194 |
49 |
| Gaithersburg |
$179,000 |
$190,000 |
$ |
8 |
| Gaithersburg |
$239,900 |
$245,000 |
$7,265 |
36 |
| Gaithersburg |
$210,000 |
$210,000 |
$5,000 |
4 |
| Gaithersburg |
$253,800 |
$254,000 |
$11,600 |
31 |
| Gaithersburg |
$194,900 |
$190,000 |
$ |
1 |
| Gaithersburg |
$240,900 |
$241,000 |
$7,147 |
18 |
| Germantown |
$195,000 |
$162,750 |
$ |
187 |
| Germantown |
$189,900 |
$187,000 |
$5,919 |
292 |
| Germantown |
$194,900 |
$194,900 |
$7,056 |
201 |
| Germantown |
$299,000 |
$235,000 |
$ |
115 |
| Germantown |
$257,900 |
$260,000 |
$6,609 |
139 |
| Germantown |
$214,900 |
$195,000 |
$ |
130 |
| Germantown |
$210,000 |
$200,000 |
$ |
160 |
| Germantown |
$282,100 |
$272,825 |
$ |
78 |
| Germantown |
$207,600 |
$207,600 |
$6,151 |
180 |
| Germantown |
$185,900 |
$190,000 |
$10,840 |
109 |
| Germantown |
$199,900 |
$199,900 |
$ |
316 |
| Germantown |
$218,000 |
$210,000 |
$ |
91 |
| Germantown |
$224,000 |
$210,000 |
$ |
10 |
| Germantown |
$219,900 |
$210,000 |
$6,300 |
78 |
| Germantown |
$248,500 |
$265,000 |
$7,216 |
62 |
| Germantown |
$235,000 |
$233,000 |
$9,720 |
109 |
| Germantown |
$199,900 |
$205,000 |
$ |
15 |
| Germantown |
$359,900 |
$360,000 |
$10,800 |
7 |
| Germantown |
$179,900 |
$170,000 |
$ |
19 |
| Kensington |
$351,975 |
$322,500 |
$ |
128 |
| Montgomery Village |
$249,900 |
$220,500 |
$3,000 |
130 |
| Montgomery Village |
$199,900 |
$194,900 |
$5,764 |
317 |
| Montgomery Village |
$166,900 |
$166,900 |
$6,000 |
81 |
| Montgomery Village |
$210,000 |
$205,000 |
$ |
38 |
| Montgomery Village |
$199,900 |
$165,000 |
$ |
34 |
| North Potomac |
$399,900 |
$399,900 |
$ |
25 |
| Olney |
$384,900 |
$384,900 |
$ |
26 |
| Rockville |
$265,905 |
$270,000 |
$ |
203 |
| Rockville |
$279,900 |
$250,000 |
$ |
139 |
| Rockville |
$248,500 |
$260,000 |
$10,000 |
108 |
| Rockville |
$239,000 |
$239,000 |
$8,000 |
0 |
| Rockville |
$250,000 |
$293,814 |
$8,470 |
9 |
| Rockville |
$914,500 |
$900,000 |
$27,000 |
9 |
| Silver Spring |
$199,900 |
$170,625 |
$ |
290 |
| Silver Spring |
$285,000 |
$223,125 |
$ |
372 |
| Silver Spring |
$284,905 |
$270,000 |
$ |
129 |
| Silver Spring |
$317,500 |
$317,500 |
$4,000 |
122 |
| Silver Spring |
$159,900 |
$145,000 |
$ |
152 |
| Silver Spring |
$219,900 |
$207,000 |
$ |
93 |
| Silver Spring |
$292,900 |
$290,000 |
$ |
177 |
| Silver Spring |
$384,900 |
$365,000 |
$ |
114 |
| Silver Spring |
$255,900 |
$255,000 |
$14,400 |
187 |
| Silver Spring |
$289,900 |
$283,000 |
$ |
110 |
| Silver Spring |
$241,900 |
$235,000 |
$12,103 |
195 |
| Silver Spring |
$386,900 |
$395,000 |
$7,500 |
116 |
| Silver Spring |
$395,900 |
$370,000 |
$11,100 |
57 |
| Silver Spring |
$338,900 |
$338,900 |
$15,000 |
81 |
| Silver Spring |
$240,000 |
$260,000 |
$13,000 |
19 |
| Silver Spring |
$125,000 |
$112,000 |
$ |
141 |
| Silver Spring |
$255,000 |
$249,000 |
$7,523 |
90 |
| Silver Spring |
$289,900 |
$225,750 |
$ |
86 |
| Silver Spring |
$307,500 |
$303,000 |
$10,000 |
23 |
| Silver Spring |
$361,000 |
$365,000 |
$10,000 |
70 |
| Silver Spring |
$247,000 |
$240,000 |
$ |
64 |
| Silver Spring |
$239,500 |
$235,000 |
$ |
56 |
| Silver Spring |
$299,900 |
$294,000 |
$8,820 |
42 |
| Silver Spring |
$345,000 |
$337,000 |
$20,220 |
9 |
| Silver Spring |
$332,900 |
$332,900 |
$10,000 |
54 |
| Silver Spring |
$249,000 |
$255,000 |
$ |
169 |
| Silver Spring |
$324,900 |
$327,000 |
$9,810 |
47 |
| Silver Spring |
$259,900 |
$250,000 |
$ |
34 |
To tour homes in Montgomery County, contact Lenn Harley, Broker, Homefinders.com 800-711-7988.
Tours arranged daily by experienced buyer’s agents who will work hard to help you from search to settlement.
GAITHERSBURG MD REAL ESTATE FOR SALE IS PRICED FROM ABOUT 11% TO 25% LOWER IN 2008 THAN HOMES SOLD IN OCTOBER 2007. Many of the homes sold were bank owned and short sales.
SOLD INFORMATION BELOW SHOWS THE PRICE REDUCTIONS FOR HOMES THROUGHOUT GAITHERSBURG, A VERY POPULAR TOWN IN MONTGOMERY COUNTY, MARYLAND. See map below.
20886
- Average SOLD Price - October, 2008 - $245,793.
- Average SOLD Price - October, 2007 - $325,320.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 24.45%.
20877
- Average SOLD Price - October, 2008 - $274,667.
- Average SOLD Price - October, 2007 - $318,484.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 13.76%.
EXAMPLES OF HOMES FOR SALE IN GAITHERSBURG, MARYLAND. To tour the homes below or any Gaithersburg homes for sale, contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.
 |
| Property Details for listing # MC6750963 |
| Price: $359,900 |
City: GAITHERSBURG |
| Bedrooms: 3 |
Bathrooms: 2 full 1 half |
| Type of Home: Detached |
Style: Split Foyer |
| Year Built: 1978 |
Lot Acreage: 0.243916 |
| Subdivision: THE PLANTATIONS |
County: MONTGOMERY, MD |
| State, Zip: MD, 20882 |
Status: ACTIVE |
|
| Descriptions |
| Comments: Super plantations community. Former model home. Remodeled kitchen w/silestone counters. Kitchen bay window and Breakfast area. New carpeting, florida/sun-room with high ceilings and fan. Level fenced lot. Heat pump 2000. Replaced all thermal windows. Roof 10 years. Vinyl siding. Home warranty.Bathrooms updated. A pleasure to show.Just bring your furniture!! |
Listing Office: Weichert, REALTORS |
|
| Property Details for listing # MC6801230 |
| Price: $580,000 |
City: GAITHERSBURG |
| Bedrooms: 5 |
Bathrooms: 3 full 1 half |
| Type of Home: Detached |
Style: Colonial |
| Year Built: 2000 |
Lot Acreage: 0.248554 |
| Subdivision: SHARON WOODS |
County: MONTGOMERY, MD |
| State, Zip: MD, 20879 |
Status: ACTIVE |
|
| Descriptions |
| Comments: Great location!!!!Gorgeous home, beautiful hardwood floors, granite counter top, maple cabinets. Upgraded baths, beautiful deck. Walk out entertaining sun room. Close to shopping centers. Near 270. You must seet it!!! |
Listing Office: Exit Realty Enterprises |
Courtesy, Lenn Harley, Broker, Lenn Harley, Homefinders.com, 800-711-7988, E-Mail.
Visit our Montgomery County Real Estate web page.
20882
- Average SOLD Price - October, 2008 - $566,768.
- Average SOLD Price - October, 2007 - $643,300.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 11.90%.
20878
- Average SOLD Price - October, 2008 - $505,979.
- Average SOLD Price - October, 2007 - $565,933.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 10.59%.
- Average SOLD Price - October, 2008 - $266,806.
- Average SOLD Price - October, 2007 - $340,806.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 21.55%.
20879
GAITHERSBURG MD REAL ESTATE FOR SALE IS PRICED FROM ABOUT 11% TO 25% LOWER IN 2008 THAN HOMES SOLD IN OCTOBER 2007. Many of the homes sold were bank owned and short sales.
SOLD INFORMATION BELOW SHOWS THE PRICE REDUCTIONS FOR HOMES THROUGHOUT GAITHERSBURG, A VERY POPULAR TOWN IN MONTGOMERY COUNTY, MARYLAND. See map below.
20886
- Average SOLD Price - October, 2008 - $245,793.
- Average SOLD Price - October, 2007 - $325,320.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 24.45%.
20877
- Average SOLD Price - October, 2008 - $274,667.
- Average SOLD Price - October, 2007 - $318,484.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 13.76%.
EXAMPLES OF HOMES FOR SALE IN GAITHERSBURG, MARYLAND. To tour the homes below or any Gaithersburg homes for sale, contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.
|
| Property Details for listing # MC6750963 |
| Price: $359,900 |
City: GAITHERSBURG |
| Bedrooms: 3 |
Bathrooms: 2 full 1 half |
| Type of Home: Detached |
Style: Split Foyer |
| Year Built: 1978 |
Lot Acreage: 0.243916 |
| Subdivision: THE PLANTATIONS |
County: MONTGOMERY, MD |
| State, Zip: MD, 20882 |
Status: ACTIVE |
|
| Descriptions |
| Comments: Super plantations community. Former model home. Remodeled kitchen w/silestone counters. Kitchen bay window and Breakfast area. New carpeting, florida/sun-room with high ceilings and fan. Level fenced lot. Heat pump 2000. Replaced all thermal windows. Roof 10 years. Vinyl siding. Home warranty.Bathrooms updated. A pleasure to show.Just bring your furniture!! |
Listing Office: Weichert, REALTORS |
|
| Property Details for listing # MC6801230 |
| Price: $580,000 |
City: GAITHERSBURG |
| Bedrooms: 5 |
Bathrooms: 3 full 1 half |
| Type of Home: Detached |
Style: Colonial |
| Year Built: 2000 |
Lot Acreage: 0.248554 |
| Subdivision: SHARON WOODS |
County: MONTGOMERY, MD |
| State, Zip: MD, 20879 |
Status: ACTIVE |
|
| Descriptions |
| Comments: Great location!!!!Gorgeous home, beautiful hardwood floors, granite counter top, maple cabinets. Upgraded baths, beautiful deck. Walk out entertaining sun room. Close to shopping centers. Near 270. You must seet it!!! |
Listing Office: Exit Realty Enterprises |
Courtesy, Lenn Harley, Broker, Lenn Harley, Homefinders.com, 800-711-7988, E-Mail.
Visit our Montgomery County Real Estate web page.
20882
- Average SOLD Price - October, 2008 - $566,768.
- Average SOLD Price - October, 2007 - $643,300.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 11.90%.
20878
- Average SOLD Price - October, 2008 - $505,979.
- Average SOLD Price - October, 2007 - $565,933.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 10.59%.
- Average SOLD Price - October, 2008 - $266,806.
- Average SOLD Price - October, 2007 - $340,806.
- Average SOLD Price - October, 2007 - October, 2008 - DOWN 21.55%.
20879
