Area Real Estate News & Market Updates for Rockville MD Montgomery County Maryland 20850
Lets take a quick look at the report for Montgomery County Maryland in general
The bad news first: In May there was only 69000 jobs added for the whole United States.
The good news is that the private sector generated 1.8 million jobs between May 2011 to May 2012
Our local economy is tops when it comes to job creations and economic conditions. .that is the good news!
Unemployment rate is 5.6% in Maryland compared to the rest of the country
The laws of SUPPLY AND DEMAND are forecasting what the end of the year and the start of 2013 would look like, ,
PRICES ARE CERTAIN TO GO UP BECAUSE OF LOW INVENTORY AND A GROWING POOL OF BUYERS. AS THEY FIND THEMSELVES UNABLE TO BUY & COMPETE WITH OTHERS FOR THE VERY FEW LISTINGS OUT THERE.
Easy to figure this out. .
A lot of people want to sell but, their equities are still too low to motivate them.
Most of the inventory is coming from the MUST SELL homeowners to short sales and a few foreclosures out there.
If you are a buyer, my advice is to act quickly and be prepared before going out there.
2345 Active Listings available
This is the lowest number recorded in the last 7 years
We have buyers. . but the listings are simply not there!
Prices are rising because of this.
The average Days on Market has dropped over 17% from last year, indicating the trend mentioned above. Listing priced well, are selling very quick!
Check Market Updates For Other Nearby Cities:
Clarksburg - Damascus - Germantown - Olney -Montgomery Village - Gaithersburg - Rockville - Potomac - Bethesda - North Potomac - Poolesville - Kensington - Silver Spring
Check a Sample of Montgomery Village MD Latest Listings
$132,500
11925 PARKLAWN DRIVE Unit #302, Rockville
Just what you've been looking for! BRAND NEW windows & HVAC. Bathroom & kitchen completely remodeled. Wood floors just refinished. SO convenient! SO close to Metro. SO ...
- Beds 1
- Baths 1.0
- MLS MC7928298
- Bldg. Walnut Grove
$265,000
10101 GROSVENOR PLACE Unit #T114, Rockville
Luxurious bldg. Remodeled upgraded, freshly painted open plan 1-bdr condo w/covered parking. Granite,ss, hdwd flrs, newly carpeted bdrm. 4 large closets, balcony w/ lov...
- Beds 1
- Baths 1.0
- MLS MC7928287
- Bldg. Grosvenor Park
$399,990
503 KING FARM BOULEVARD Unit #202, Rockville
Don't miss your chance to move in this great and convenient King Farm community!! 3 bedroom, 2 bath condo w/great view in a beautiful, secure and hotel like elevator cond...
- Beds 3
- Baths 2.0
- MLS MC7928248
$539,900
15104 BITTERROOT WAY, Rockville
4 Bedroom 2 1/2 bath colonial, 2 car garage priced to sell, inside needs some tlc. Great location, close to transportation
- Beds 4
- Baths 3.0
- MLS MC7928203
$585,000
5809 NICHOLSON LANE Unit #1501, Rockville
Showing times is between 2-7. Stunning penthouse with breathtaking views of Sugarloaf and Blue Ridge Mountains. Enjoy the sunset from the the PH level. Recent undated kit...
- Beds 2
- Baths 3.0
- MLS MC7925983
- Bldg. The Wiscon
Browse all real estate listings by city, by county on the property search section above. Refine your search by price, number of bedrooms, bathrooms, and other features you may need.
Call us today if you are relocating to Rockville MD for our specials relocation package that involves community highlights, transportation and homes for sale.
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