Montgomery County MD Home Sales Trends
The latest Montgomery County MD real estate sales trends for January 2011 for Montgomery County MD were just released by our MRIS MLS System on February 10th. Here are the real estate and home sales trends.
[ BUYING A HOME ] [SELLING A HOME ] [RELOCATING
Montgomery County Maryland Real Estate Trends At a glance:
- Total Dollar Volume is up -.80%
- Average Sold Price is down 9.06%
- Median Sold Price is down 4.13%
- Units Sold has declined 6.37%
- Days on Market - Decreased to 71 Days.
- Average List Price for Sold Homes Increased 9.31%
- List Price / Sales Price Ratio Decreased 2.62%
- 1492 Single family detached fee simple Montgomery County MD Homes for Sale - Active Listings
- 52 Single family detached fee simple Montgomery County MD Homes for Sale - 'Cntg/KO'
- 406 Single family detached fee simple Montgomery County MD Homes for Sale - 'Cntg/NO KO'
- 322 Single family detached fee simple Montgomery County MD Homes for Sale -'Contract'
| Sold Summary |
|
Jan-2011 / Jan-2010 % Change ============================================= |
| Sold Dollar Volume $236,640,095 / $234,762,824 (+ 0.80%) |
| Avg Sold Price $440,671 / $404,067 (+ 9.06%) |
| Median Sold Price $340,000 / $326,500 (+ 4.13%) |
| Units Sold 544 / 581 (-6.37%) |
| Avg Days on Market 84 / 71 (+18.31%) |
| Avg List Price for Solds $455,714 / $416,902 (+ 9.31%) |
| Avg Sold Price to List Price Ratio 92.0% / 94.5% (-2.62%) |
| Ratio of Avg Sold Price to Avg List Price 91.9% / 93.0% (-1.18%) |
| Attached Avg Sold Price $264,000 / $269,408 (-2.01%) |
| Detached Avg Sold Price $595,446 / $543,923 (+9.47%) |
| Attached Units Sold 253 / 296 (-14.53%) |
| Detached Units Sold 290 / 285 (+1.75%) |
Montgomery County MD Listing Inventory
|
Jan-2011 / Jan-2010 % Change ========================= |
| Active Listings 3,298 / 2,881 (+14.47%) |
| New Listings 944 / 1,233 (-23.44%) |
| New Under Contracts 321 / 309 (+3.88%) |
| New Contingents Contracts 428 / 371 (+15.36%) |
| New Pendings Sales 749 / 680 (+ 10.15%) |
| Total Pendings Sales 1,533 / 1,767 (-13.24%) |
*MRIS RBI 2/14/2011
Comments(0)