Home : Blogs : Roy Kelley : ROY KELLEY SELLS MARYLAND HOMES

GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS

GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS

Since we live in in zip code 20878, the real estate statistics in this area have a high level of personal interest. There were 240 homes listed for sale on MRIS during the past month. 83 new listings were added to the inventory and 67 properties went to pending contracts. 50 went to settlement during the month as compared with 60 settlements during the same month last year. The sold dollar volume was down 11.89% from last year. The average sold price was $445,060 and the median sold price was $440,000, up 25.71% from last year. The average days on the market was 70 as compared to 110 last year. The average sale price was 93.9% of the average list price. It is a wonderful market for first time home buyers and move up home buyers.

There are 167 active listings of homes for sale in Zip Code 20878. Click the following URL to see the listings in order of subdivisions. Sort by column headers:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-91712115-655

Metropolitan Regional Information Systems, Inc. ZIP Code Statistics - <$100K to >$5M Format

ZIP Code: 20878 Gaithersburg, MD
From: 09/01/2009 to 09/30/2009 Statistics generated on: 10/07/2009

	Residential Unit Sales Number of Bedrooms	Active Listings		Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop	Ground Rent	Residential	Condo Coop	Ground Rent	of Units Sold (No. of Units)
Under $100,000	0	0	0	1	0	0	7	0	1 -30 Days	19
$100,000 - 149,999	0	0	0	3	0	1	8	0	31-60 Days	11
$150,000 - 199,999	0	0	0	0	0	2	6	0	61 - 90 Days	10
$200,000 - 249,999	0	1	1	2	0	8	8	0	91-120 Days	4
$250,000 - 299,999	0	1	1	4	0	17	10	0	Over 120 Days	6
$300,000 - 349,999	0	0	0	3	0	21	13	0	Total	50
$350,000 - 399,999	0	0	3	0	0	13	12	0
$400,000 - 449,999	1	2	2	2	0	8	4	0	Type of Financing of Units Sold (No. of Units)
$450,000 - 499,999	0	2	1	0	0	18	1	0
$500,000 - 599,999	0	5	8	0	0	23	0	0	Conventional	30
$600,000 - 699,999	0	1	1	0	0	19	0	0	FHA	12
$700,000 - 799,999	0	0	1	0	0	11	0	0	VA	1
$800,000 - 899,999	0	0	2	0	0	7	0	0	Assumption	1
$900,000 - 999,999	0	0	1	0	0	9	0	0	Cash	6
$1,000,000 - 2,499,999	0	0	1	0	0	14	0	0	Owner Finance	0
$2,500,000 - 4,999,999	0	0	0	0	0	0	0	0	All Other	0
$5,000,000 & Over	0	0	0	0	0	0	0	0	Unreported	0
Totals	1	12	22	15	0	171	69	0	Total	50
Grand Totals	50	240

	2009	2008	% Change
Total Sold Dollar Volume:	$ 22,253,015	$ 25,254,632	- 11.89 %
Average Sold Price:	$ 445,060	$ 420,911	5.74 %
Median Sold Price:	$ 440,000	$ 350,000	25.71 %
Total Units Sold:	50	60	- 16.67 %
Average Days on Market:	70	110	- 36.36 %
Average List Price for Solds:	$ 473,948	$ 454,793	4.21 %
Avg Sale Price as a percentage of Avg List Price:	93.90 %	92.55 %

Total NEW listings:	83
Total Properties Marked Contract:	29
Total Properties Marked Contingent Contract:	38
Total NEW pendings (Contracts + Contingents):	67

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.

Please contact us with your questions on the residential real estate market.

We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties.

Your Real Estate Professional in Maryland,

Roy Kelley

Roy Kelley & Associates
Associate Broker, RE/MAX Realty Group
6 Montgomery Village Ave., Suite 200
Gaithersburg, MD 20879

Client Assistance: 301-670-8996

Direct: 301-921-4569
Fax: 301-921-4586 Main Office: 301-258-7757 x 569
Email: roykelley@mris.com Home Search Website: www.roykelley.com

Follow me on Twitter: http://twitter.com/roykelley

Recipient of the RE/MAX International Lifetime Achievement Award - 2008

Posted by Roy Kelley on 10/12/2009 11:49 AM

Comments (0)

GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS in the Regional (Localism) Channel

gaithersburg, md 20878, kentlands, lakelands, north potomac zip code statistics, roy kelley, remax realty group, gaithersburg md

Originally posted at: Roy Kelley Sells Maryland Homes : GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS

This post has been included in Maryland Information Montgomery County, MD Information Gaithersburg, MD Information

0 Comments on GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?