Montgomery County MD Market Report August 2009
| |
2009 |
2008 |
% Change |
| Total Sold Dollar Volume: |
$ 441,783,435 |
$ 402,152,285 |
9.85 % |
| Average Sold Price: |
$ 456,860 |
$ 510,994 |
- 10.59 % |
| Median Sold Price: |
$ 355,000 |
$ 408,000 |
- 12.99 % |
| Total Units Sold: |
967 |
787 |
22.87 % |
| Average Days on Market: |
85 |
99 |
- 14.14 % |
| Average List Price for Solds: |
$ 499,774 |
$ 560,160 |
- 10.78 % |
Avg Sale Price as a
percentage of Avg List Price: |
91.41 % |
91.22 % |
Montgomery County MD Market Report August 2009
| |
2009 |
2008 |
% Change |
| Total Sold Dollar Volume: |
$ 441,783,435 |
$ 402,152,285 |
9.85 % |
| Average Sold Price: |
$ 456,860 |
$ 510,994 |
- 10.59 % |
| Median Sold Price: |
$ 355,000 |
$ 408,000 |
- 12.99 % |
| Total Units Sold: |
967 |
787 |
22.87 % |
| Average Days on Market: |
85 |
99 |
- 14.14 % |
| Average List Price for Solds: |
$ 499,774 |
$ 560,160 |
- 10.78 % |
Avg Sale Price as a
percentage of Avg List Price: |
91.41 % |
91.22 % |
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
LIST PRICE vs. CLOSED PRICE IN MONTGOMERY COUNTY, MD FOR SEPT, 2008 - Rockville.
Montgomery County Maryland offers a viable real estate market where negotiation is popular. Home buyers often call asking “What is the lowest price the seller will take?”
The only way to discover the lowest price is to make an offer and NEGOTIATE the price, terms and conditions until both sides believe that they have the best that they are going to get. Negotiation is more than price in real estate in Montgomery County.
ROCKVILLE MD CLOSED PRICES IN SEPT, 2008.
SOLD prices in Montgomery County for September 2008 through the 29th. About 309 properties closed in September through the 29th and about 390 are scheduled to close today, the 30th. The list below shows the list price AND the closed price. The close price reflects the final list price and final closed price.
List price vs. Sold Price Rockville MD September 2008
|
|
ClosePrice |
|
City |
| $332,777 |
$323,000 |
|
Rockville |
| $599,500 |
$599,500 |
|
Rockville |
| $350,000 |
$350,000 |
|
Rockville |
| $246,900 |
$242,000 |
|
Rockville |
| $319,900 |
$311,000 |
|
Rockville |
| $349,900 |
$340,000 |
|
Rockville |
| $600,000 |
$565,000 |
|
Rockville |
| $450,000 |
$430,000 |
|
Rockville |
| $315,000 |
$305,000 |
|
Rockville |
| $359,000 |
$348,500 |
|
Rockville |
| $549,900 |
$542,700 |
|
Rockville |
| $399,000 |
$350,000 |
|
Rockville |
| $675,000 |
$650,000 |
|
Rockville |
| $849,000 |
$763,000 |
|
Rockville |
| $349,900 |
$337,500 |
|
Rockville |
| $349,000 |
$333,000 |
|
Rockville |
| $575,000 |
$550,000 |
|
Rockville |
| $439,900 |
$415,000 |
|
Rockville |
| $275,000 |
$260,000 |
|
Rockville |
| $669,900 |
$635,000 |
|
Rockville |
| $311,400 |
$300,000 |
|
Rockville |
| $769,000 |
$755,000 |
|
Rockville |
| $449,900 |
$435,000 |
|
Rockville |
| $705,000 |
$680,000 |
|
Rockville |
| $299,900 |
$290,000 |
|
Rockville |
| $299,900 |
$300,000 |
|
Rockville |
| $434,000 |
$400,000 |
|
Rockville |
| $399,900 |
$380,000 |
|
Rockville |
| $915,000 |
$865,000 |
|
Rockville |
| $420,000 |
$390,000 |
|
Rockville |
| $320,000 |
$299,500 |
|
Rockville |
| $310,000 |
$310,000 |
|
Rockville |
| $356,250 |
$365,000 |
|
Rockville |
| $375,000 |
$355,000 |
|
Rockville |
| $424,990 |
$400,000 |
|
Rockville |
| $237,500 |
$220,000 |
|
Rockville |
| $298,000 |
$275,000 |
|
Rockville |
| $299,900 |
$305,000 |
|
Rockville |
| $629,000 |
$600,000 |
|
Rockville |
| $325,000 |
$323,000 |
|
Rockville |
| $264,900 |
$264,000 |
|
Rockville |
| $440,000 |
$429,600 |
|
Rockville |
| $270,000 |
$267,300 |
|
Rockville |
| $775,000 |
$720,000 |
|
Rockville |
| $675,000 |
$651,000 |
|
Rockville |
| $729,000 |
$729,000 |
|
Rockville |
| |
|
|
|
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, e-mail.
LIST PRICE vs. CLOSED PRICE IN MONTGOMERY COUNTY, MD FOR SEPT, 2008
Montgomery County Maryland offers a viable real estate market where negotiation is popular. Home buyers often call asking “What is the lowest price the seller will take?”
The only way to discover the lowest price is to make an offer and NEGOTIATE the price, terms and conditions until both sides believe that they have the best that they are going to get. Negotiation is more than price in real estate in Montgomery County.
GAITHERSBURG MD CLOSED PRICES IN SEPT, 2008.
SOLD prices in Montgomery County for September 2008 through the 29th. About 309 properties closed in September through the 29th and about 390 are scheduled to close today, the 30th. The list below shows the list price AND the closed price. The close price reflects the final list price and final closed price.
List price vs. Sold Price Gaithersburg MD September 2008
|
$425,000
|
$425,000 |
|
Gaithersburg |
| $625,000 |
$590,000 |
|
Gaithersburg |
| $624,500 |
$610,000 |
|
Gaithersburg |
| $267,500 |
$261,000 |
|
Gaithersburg |
| $545,000 |
$542,000 |
|
Gaithersburg |
| $299,000 |
$293,900 |
|
Gaithersburg |
| $598,900 |
$565,000 |
|
Gaithersburg |
| $525,000 |
$522,000 |
|
Gaithersburg |
| $674,977 |
$675,000 |
|
Gaithersburg |
| $429,900 |
$420,000 |
|
Gaithersburg |
| $299,900 |
$290,000 |
|
Gaithersburg |
| $479,999 |
$465,000 |
|
Gaithersburg |
| $209,900 |
$212,000 |
|
Gaithersburg |
| $350,000 |
$350,000 |
|
Gaithersburg |
| $739,900 |
$705,000 |
|
Gaithersburg |
| $329,900 |
$329,900 |
|
Gaithersburg |
| $429,900 |
$410,000 |
|
Gaithersburg |
| |
|
|
|
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, e-mail.