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Rockville MD Market Report Zip Code 20852

At the end of January 2008 there were 123 condo/coop active listings and 47 residential properties in zip code 20852, including properties in the Grosvenor Park and Randolph Hills neighborhoods, as well as large condo buildings like The Gallery.  Zip code 20852 also includes parts of North Bethesda.

There were 10 condo/coops that sold in January and 10 residential homes.  The total dollar volume sold has gone down by 42% compared to January of 2007, with the average sold price up by 9.6%.  The average number of days on market is 74 - slightly less than January 2007's average of 89. 

Across Rockville, less than 10% of active listings or properties under contract were ‘short sales' - where the owner is selling for less than they owe on the property (with bank approval).  Out of 616 properties for sale or under contract in all Rockville zip codes as of mid-February, 45 are short sales.  In Zip 20852, there were 4 short sales either under contract or for sale in mid-February.

Click here to see more detail on home sales in Rockville MD neighborhoods on my website.  If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.

Rockville MD Market Report Zip Code 20850

At the end of January 2008 there were 51 condo/coop active listings and 141 residential properties active in zip code 20850, including properties in the Americana Centre, Decoverly, King Farm, and Willows of Potomac neighborhoods.

There were 6 condo/coops that sold in January and 16 residential homes.  The total dollar volume sold has gone down by almost 16% compared to January of last year, with the average sold price up by 11%.  The average number of days on market is 92 - slightly more than last January's average of 84. 

Across Rockville, less than 10% of active listings or properties under contract were ‘short sales' - where the owner is selling for less than they owe on the property.  Out of 616 properties for sale or under contract in all Rockville zip codes as of mid-February, 45 are short sales.  In Zip 20850, there were 11 short sales either under contract or for sale.

Click here to see more detail on home sales in Rockville MD neighborhoods on my website.  If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.

Gaithersburg MD Market Report for Zip Code 20879

This zip code has 38 condo/coops for sale and 167 townhomes and single family homes for sale in zip code 20879, including properties in the Goshen and Woodland Hills communities in Gaithersburg MD at the end of January 2008.

There were 3 condo/coops sold in January and 11 townhomes/single families.  The total dollar volume sold has gone down by almost 40% compared to January of last year, with the average sold price up by 1%.  The average number of days on market is 158 - sharply up from 83 at this time last year. 

Across Gaithersburg, there is a large proportion of ‘short sales'.  Out of 932 properties for sale or under contract in all Gaithersburg zip codes (20877, 20878, 20879) as of February 11, 96 are short sales, or 10%.  In zip 20879, there were 30 short sales either under contract or for sale out of 225 homes.

Click here to see more detailed market reports for Gaithersburg MD neighborhoods on my website.  If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.

Gaithersburg and North Potomac MD Zip Code 20878 Market Report

For January 2008 there were 71 condo/coops for sale and 207 residential properties for sale  in zip code 20878, including properties in the Gaithersburg neighborhood of Kentlands, Lakelands and Quince Orchard Park neighborhoods.  Note: this zip code also includes properties in North Potomac and Darnestown.

There were 3 condo/coops sold in January and 30 residential properties.  The total dollar volume sold has gone down by almost 7% compared to January of last year, with the average sold price up by 12.8%.  The average number of days on market is 109 - up from 107 at this time last year. 

Across Gaithersburg, there is a large proportion of ‘short sales' - where the owner is selling for less than they owe on the property.  Out of 932 properties for sale or under contract in all Gaithersburg zip codes as of February 11, 96 are short sales, or 10%.  In Zip 20878, there were 23 short sales either under contract or for sale out of 325 total homes.

Click here to see more detail on Gaithersburg and North Potomac MD home sales in various neighborhoods on my website.  If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.

Gaithersburg MD Market Report Zip Code 20877

For January 2008 there were 66 condo/coops for sale and 157 residential properties for sale  in zip code 20877, including properties in the Deer Park, Emory Grove, Hidden Creek and Saybrooke neighborhoods.

There were 4 condo/coops sold in January and 8 residential homes.  The total dollar volume sold has gone down by almost 34% compared to January of last year, with the average sold price up by 5%.  The average number of days on market is 98 - down from 130 at this time last year. 

Across Gaithersburg, there is a large proportion of ‘short sales' - where the owner is selling for less than they owe on the property, with bank approval.  Out of 932 properties for sale or under contract in all Gaithersburg zip codes as of February 11, 96 are short sales, or 10%.  In Zip 20877, there were 32 short sales either under contract or for sale, out of 240 properties.

Click here to see more detail on home sales in Gaithersburg MD neighborhoods on my website.  If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.

Germantown MD Market Report Zip Code 20876

As of 1/31/2008 there were 41 condo/coop listings and 151 townhomes and single family homes for sale in the Germantown zip code of 20876, which includes the Brandermill, Fox Chapel, Middlebrook and Seneca Park communities.  There were only 4 condo/coops that sold and 9 townhomes or single families.  Compared to last year, total dollar volume in sales has decreased by 50%, but the average sold price has gone down just 4%.  There has been an increase in the number of days a home is on the market before it is sold - from 96 in January 2007 to 147 in January 2008.

Across Germantown, there is a large proportion of short sales - where the home is being sold for less than what the owner owes on the property.  Out of 687 properties for sale or under contract in all Germantown zip codes as of February 11, 97 are short sales, a whopping 14%.  In Zip 20876, there were 35 short sales either under contract or for sale.

Click here to see more detail on home sales in Germantown MD neighborhoods on my website.  If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.